Business for sale in NSW , MID NORTH COAST
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| Broker Details: | Seachange Business Brokers |
Newsagency Including Freehold
Advert Id : 18770
Location: NSW
- MID NORTH COAST -Stuarts Point
Category: Newsagency and Tatts
Financial summary
Asking Price: $670,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
This impressively presented newsagency is prominently located on the main street of the coastal hamlet of Stuarts Point. Stuarts Point is on the Macleay River Arm near Grassy Head on the Mid North Coast. It is only 15 minutes from Macksville via the scenic Pacific hwy and is very close to the magnificent Grassy Head and Scotts Heads beaches.
The long established business has been operating under the current vendors for more than 9 years. You don’t have to worry about expensive seaside rents here, as the freehold includes an immaculate four bedroom apartment above the newsagency. The sale also includes the freehold of the adjoining butcher shop and therefore an additional rental income that supplements the income of the Newsagency.
The business is easily run by a husband and wife team and has recorded steady increases in profit in recent years in spite of the GFC. The newsagency acts as an Agent for a major regional credit union and also services a substantial sub-agent in a nearby coastal town . This is a rare opportunity for a husband and wife team or family looking to secure themselves in a profitable business in a beautiful stress free location.
Price $670,000 plus SAV.