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Long-Standing Newsagency in Coastal Paradise

$129,000

Terrigal, New South Wales

Long-Standing Newsagency in Coastal Paradise

Price $129,000 + SAV
Revenue $469,000 +
Revenue Per Week $9,000 +
Adjusted Annual Profits $77,000 +
Weekly Profits $1,450 +
Monthly Rent $8,800


Dreaming of Ocean Views While you Work?

Situated at beautiful Terrigal, only a stone's throw from the ocean is a rare opportunity to own your very own Newsagency, which has been servicing the local community for over 50 years. The business is ideally positioned in the heart of the main shopping strip of Terrigal - along the popular and famous Terrigal Esplanade, and offers undeniably breathtaking ocean views right from the shop-counter.

The Newsagency trades 7-days a week and has ZERO competitors in the area, making the business the one-stop-shop for news and office supplies for locals and tourists. Pedestrian and vehicle traffic are both in abundance, seeing thousands daily. This Newsagency sells 'Terrigal' Souvenirs and are the only business in the area to do so.

The business comes with well trained staff that are capable of running the store in the owner's absence, as well as a long-term and loyal customer base, whilst providing an idyllic coastal lifestyle that most can only dream of.

This Newsagency is part of Newspower, which is Australia's Largest Newsagency Marketing Group, and their stores are independently owned and operated. Newspower offer discounted office supplies and gifts from preferred suppliers, support and much more.

The business currently offers the local community the following:
o Newspapers and Magazines,
o Greeting Cards,
o Gifts,
o School and Office Stationery,
o Printer Ink Cartridges and Toners,
o Souvenirs,
o Ladbrokes Cash-In,
o News @ Terrigal is also the local NSW Lotteries agent for all lotto tickets in the area.

Accompanying the business are the following:
• 3 x Casual staff members - working approximately 28 hours per week in total (more during holiday periods),
• Security system,
• Eftpos facilities,
• Lotto terminal,
• 3 x Computers,
• Photocopier (lease/hire), and much more.

The Central Coast location offers breathtaking beaches, lakes and National Parks, and an idyllic coastal lifestyle. Terrigal and its neighbouring suburbs are internationally renowned tourist destinations, with Terrigal often featured on television travel shows.
The owners are ready to retire after the business has provided them the financial stability to do so.

Please contact Dani Rifai for more information on 0411 870 977, or email dani@bagents.com.au, or click on the link provided (Licence Number 10064471).

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Last updated: 22nd July 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Terrigal
State
 New South Wales
Price
$129,000
Category
  • Newsagency/Tatts
  • Office Supplies

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Contact

Dani Rifai