Description

Newsagency & Video Shop

Gorgeous south coast New South Wales location.
This is a long established business that is ideally located in the heart of town next to the Post Office.
A successful business, the store retails the full range of NSW Lotto products and is just about a one stop shop! They stock an extensive range of
newspapers, magazines, stationery, cards, gifts & wraps, tobacco products, toys, mobile phone recharges & pre paid phone cards. They also sell a selected range of Darrell Lea products, groceries & convenience items, fishing gear, bait sunglasses hats & caps.
They also have over 3000 DVD’s available for hire.
The store is part of the Newspower group so is backed by extensive advertising & marketing and the buying group secures special pricing & deals from a variety of suppliers.

The business has a registered domain name but no website. New owners could create a website & Facebook page to increase the businesses online presence.
Currently trading seven days a week, the business is run by the vendors (a husband & wife team) and a few casual staff. New owners could vary the weekend hours to suit.
The business will be sold with a 10 year lease in place.
The region offers an excellent relaxed coastal lifestyle. It is well serviced with all necessary amenities and is only two hours to the snowfields, three hours to Canberra and is halfway from Melbourne to Sydney along the coastal route.
Turnover is in excess of $800,000 with a solid net return.
SELL $330,000 plus stock at value.

ABM ID: 1996