Perth North Metro High Growth Region Newsagency For Sale

I would like to see the detailed report.

For more details and Business Profile please read the conditions below and agree.







I can finance by myself the full purchase price of this business


This high growth newsagency business has been generating stellar sales and profits year-on-year since its inception 19 years ago. As an essential service, this business remained open throughout 2020 and sales actually went up during the pandemic lockdown. This business is known as a stand-out success story in its industry, winning industry awards, while taking advantage of the digital revolution.

The location is magnificent. In the middle of an exceptionally high-growth area – the booming northern metropolitan coastal corridor of Perth – which is nationally renowned in part because the high growth forecasts extend at similar rates through to 2040.

Located in a community-hub shopping centre – the largest shopping centre in its region, boasting busy Kmart, Coles, Woolworths and Target outlets, this well-presented newsagency business is ideally positioned within the shopping centre itself. This business is the only newsagency business in the shopping centre and is highly visible, being centrally located in the middle of the main, high-traffic mall.

With only 7 staff, two of them long-term, including the store manager, who has been with the business for 15 years, this newsagency business runs by itself. Not only that, the product and service lines beautifully integrate with central features of its local community – making this business the go-to local supplier for families. Better still, this newsagency business is so well developed that although the store is generating profits 7 days a week – the owner works only part-time!

When not on holiday, the owner works three days a week, plus one day every second weekend. The owner takes regular holidays and is away from the business for two or three months every year. The business runs smoothly under the store manager while the owner is away. This business could easily be converted to fully ‘under management’ by you if desired.

So why is the owner selling? Having prospered for the past 19 years, the owner has decided it’s time to retire – and there has never been a better time to buy.

Buyers should know this is an extremely rare opportunity to acquire an essential-service, low-risk, high-profit, magnificently positioned business, centrally located in a region which is known as one of the fastest-growing regions in the country.

Over its long 19 years history, this essential-service business has consistently and repeatedly shown itself to be very low-risk, enjoying strong growth throughout the digital revolution, winning industry accolades as an all-weather success story; and in 2020 proving itself pandemic-proof.

Businesses of this calibre rarely come onto the market and are snapped up quickly when buyers get the full information.

A confidential, comprehensive and detailed report is available, please request it using the contact form provided, or call the broker.

Key information for financing.

  • Asking Price Including Stock – $799,000
  • Supplier Security Deposits Required (in addition to the asking price) – $165,000
  • Total estimated self-finance required for most buyers – $564,000

 

Business Broker
Brian Carew-Hopkins

 

 

 

 

 

Business Broker

Brian Carew-Hopkins

Mobile: 040 880 7190

Email: brian@mindyourprofit.com