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Busy Newsagency in Friendly Community - Wangaratta, VIC

$350,000 + SAV

Wangaratta, Victoria

Busy Newsagency in Friendly Community - Wangaratta, VIC

Wangaratta is a rural city, with access to all necessary facilities and services, situated just over 200kms from Melbourne. The city has a strong economy and is showing good growth acting as the regional centre for the areas 58,000 residents. Surrounded by Victoria's most geographically diverse and scenic regions, Wangaratta offers an enviable lifestyle while offering gourmet produce and world class wines. Nearby Mount Hotham & Falls Creek are a skier's delight during winter while in summer they offer bushwalking, fishing, four wheel driving and camping.

The successful newsagency is located on a busy shopping strip, close to popular cafes and ideally positioned down the road from a new Target complex with multi-storey parking. The business stocks an extensive range of products including Intralot products, newspapers, magazines, cards, wrapping paper and gifts. The newsagency also offers confectionery products and acts as a dry cleaning agent. Great delivery run delivers to a wide, zoned distribution area.

Operated by vendors for 20 years, the newsagency has built a large and loyal customer base and a solid reputation. Currently employing 7 part time adult and junior staff and producing a turnover in excess of $1.2 million with solid returns.

This business ideal for a husband and wife team to step into a thriving newsagency in an area with no competition!

Owners selling due to retirement.

Business Links / Tools

Last updated: 8th October 2016

Summary

Property Type
Business
Contract Type
For Sale
Location
 Wangaratta
State
 Victoria
Price
$350,000 + SAV
Category
  • Newsagency/Tatts
  • Office Supplies

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Agency

Coast to Coast Media

Contact

Coast to Coast  Media

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