St George Newsagency provides a unique opportunity to purchase a thriving business at the heart of a real country community.
NO COMPETITION IN TOWN…
This busy newsagency has been established for over 50 years and has the benefit of being the only newsagency in this significant country town. The current owners have owned and operated the business since 2000 and have developed a business with an excellent reputation for customer service resulting in a regular and loyal clientele.
It stocks a diverse range of products and carries the largest range of magazines, books and stationery available in the area, plus, it is the only gold lotto agency and dry cleaning service available. The business has 7 sub agencies servicing the town and outlying centres.
Highlights of the business are:
* Loyal staff
* Fully computerised with bar-coding of all stock making it easy to operate
* Land comprising 2 blocks with very comfortable 2.5 bedroom residence above
* Business turnover around $1.2 million plus agencies commissions of $70,000
* Net Return 2013 – $215,000
* Business $495,000
* Freehold $540,000
* Stock at value approx $120,000
St George is a Darling Downs service centre with a population of 3800 positioned on the Balonne River about 500kms West of Brisbane. Perfect for the relocating entrepreneur, the town offers great infrastructure including a variety of education and health services.
The district has a strong agricultural/industrial base servicing the local wheat, cotton, small crop and pastoral industries in the area. St George Newsagency was able to significantly retain its profitability during prolonged drought, making it an ideal business venture in a truly authentic country surrounding. The opportunities to significantly increase the future benefits of this business are now enhanced by recent developments in the area which will strengthen returns in normal agricultural seasons.
This is a great opportunity to experience a true country change lifestyle with an excellent business showing good returns.
Ideal business in an ideal area for a family seeking a good income!!
Business: $495,000 + sav (approx $120k)
Freehold: $540,000
(Financial statements and relevant information available for serious buyers)