Buy Newsagency, Lotto & Gift Store
Retail - Newsagency/Tatts Businesses for Sale in Glenorchy, TAS, Australia
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| Title: | Newsagency, Lotto & Gift Store |
| ID Number: | 13391 |
| State: | Tasmania (TAS) |
| City/Town/Suburb: | GLENORCHY TASMANIA 7010 |
| Listing Type: | Businesses |
| Categories: | Retail - Newsagency/Tatts |
| Description: | A well respected newsagency/gift shop in the northern suburbs of Glenorchy. The business has been operating for over 40 years, with a small number of owners. Current owners are ready to move on to a new challenge after 16 years. Located in a major shopping centre, with fantastic foot traffic, the newsagency is currently being run fully under management. Extra profit is there if a couple would like to as the newsagency systems are easy to learn and easy to run. Hours are excellent, allowing for a great work/life balance. Over the last 5 years, the gross profit margin has increased markedly, through increasing the range of gifts and transitioning to a modern newsagency. Whilst Lottery commissions remain strong, the gift ranges draw new customers in to the shop. The shopping centre is also gowing through a growth phase with new major tenants moving in very soon. The shop is directly opposite, so perfectly positioned to take advantage of this growth. All in all, a business not to be missed. |
| Price: | $ 700,000.00 + SAV |
| Stock Value: | Upon application |
| Net Profit: | Upon application |
| Turnover: | Upon application |
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