Business overview
- Location: Townsville & Surrounds, Queensland
- Price: $159,000 +SAV
- Property ID: NFS011
Description
NEWSAGENCY – Charters Towers ID# NFS011 – Excellent lease rate and terms
New 491 Visa opportunity. Strong community roots in this popular newsagency. High quality staff available. Over 20 years of ownership. Shop has over 50 years of history in this location. Multiple 1st Div lotto wins and an acceptable driving distance to Townsville if needed.
Well presented shop. Optional rentable residence behind, separate to this business purchase makes it potentially easier to relocate. All this makes the opportunity Very attractive. BE QUICK!
* Turnover Newsagency : $ 989,586
* Turnover Soft Gambling : $ 2,011,267
* Trading : 7 Days
* Staff Wages Supporting Owners : $ 62,970
* Delivery Run : No, just some sub-agents
* Agencies : Golden Casket, Parcels, Blueshyft
* Owners Profit : $ 171,241
* Stock (est) : $ 120,000
* Asking Price : NOW ONLY $ 159,000 + stock !
* Total cost estimate $ 279,000 + rental bond + ~15% budget for contract costs
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