Highly Profitable & Strongly Positioned Newsagency – SOLD

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Presenting as a strong investment for a motivated owner-operator or for an existing business looking to expand, this lucrative coastal newsagency is primed and ready for new ownership with everything needed to hit the ground running included in the sale price! With all of the hard setup work already done for you, this is a rare opportunity to start working on your own terms or expand your existing operations!

 

Situated in a popular and consistently growing tourist destination only 400 metres away from the beach, the business boasts a prime location on the Mid-North Coast of NSW. Located in a bustling tourist spot just 400 meters from the beach, the business has a prime position with limited competition to worry about. Nestled on the main shopping strip of the CBD, the agency receives a great deal of foot traffic and is considered the go-to destination by the local community. This location offers a stable customer base as well as a great lifestyle opportunity in one of the most desirable coastal regions of NSW.

 

Recording incredible revenue growth that has doubled in the past year, the business is a proven earner with annual sales well over the $2m mark for FY22. With multiple streams of revenue in place including lotteries, gifts, books, cards, homewares, and much more, the business provides plenty of convenience for customers and is showing no signs of slowing down.

 

Efficiently operated under partial management with long-term experienced staff in place, the business provides an incredible work/life balance and an easily manageable workload. Fully fitted with everything you need to take advantage of the newsagency’s existing popularity, all that’s left to do is step in and start profiting!

 

Key Features:

- Prime coastal location 400m away from the beach.

- Profitable newsagency with huge growth potential.

- Award-winning business with multiple revenue streams.

- Longstanding business with a highly regarded community reputation.

 

With the current owner transitioning into retirement after 29 years of ownership, now is the perfect time to cash in and reap the rewards that this established newsagency has to offer! To find out more, complete an online enquiry now to complete a confidentiality agreement.

Suburb South West Rocks
Price SOLD
Property Type Business
Category Retail, Retail, Retail

Agent Details

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Bonza Business Sales Sydney

1300266922
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