For Sale $1,195,000
Neil Barry

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Benchmark Business & Commercial
Bermuda St,
Varsity Lakes, QLD 4227

Franchise for sale

QLD

For Sale $1,195,000

Business Details

NEWSAGENCY - GOLD COAST

This business has defied all trends, and has POWERED AHEAD. The business has grown from a net income of $264,138 in 2010 to over $403,000 in 2014 and still growing. The full potential of this business is still untapped with such a large data base of customers. The opportunity to expand the product base is unlimited.
This is not just a NEWSAGENCY, this is a large DELIVERY/DISTRIBUTION BUSINESS with a newsagency. This of course gives the ultimate protection for the owners by virtue of the contractual agreement between owners and suppliers. Effectively this is two businesses in one.
For several years the owners have been proactively adding new territories to their portfolio creating a unique business model. This comprises a very large distribution territory and consequently a busy newsagency to cater to the huge traffic flow. Most of the home delivery customers visit the store on a regular basis to attend to their accounts. This is evidenced by the increase shown in gambling sales with commission growing from $80,622 net in 2009 to over $136,000 in 2014, and still growing.
The delivery business operates from separate premises, approximately 150m2 building, with 2 brand new state of the art paper/magazine wrapping machines, together with all necessary benches, shelving and machinery. All vehicles are modern and well maintained. The setup is professional and efficient with potential to handle any future growth with ease. All staff members are experienced and fully trained for both the shop and deliveries, with a manager in place to oversee the delivery operations leaving the owners free to work on the business and enjoy some free time when ever they feel the need. A complete new computer POS system (Tower) has been installed which will easily cope with the fast expanding customer base. The owners have recently relocated the shop installing brand new fittings, including a new corporate image for Golden Casket, new security and Point of Sale Systems and computers.
In summary this is a unique business with limitless potential for further growth not just in the area of distribution, but also in stationary and business supplies, gift ware, school supplies to name a few. There also exists opportunities to establish new newsagencies within their territory. For a motivated and proactive owner this business will prove very rewarding.
For more info cal NEIL BARRY at Newsagencies for Sale Click to call

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  • Business Category: Franchise
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Benchmark Business & Commercial
Bermuda St,
Varsity Lakes, QLD 4227

Phone: 1300 366 521
Fax: 07 5562 2744

Neil Barry
Phone: 07 5562 2711
Mobile: 0419 720 262

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