Newsagency For Sale in Central Wagga Wagga Riverina NSW

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Newsagency In Wagga W. 657

Location:Central Wagga Wagga, Riverina, New South Wales

Category:Newsagency and Lotto

Asking Price:$220,000

  • Sales revenue : $1,000,000
  • Net profit : $150,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : $60,000
  • Newsagency In Wagga W. 657
  • Newsagency In Wagga W. 657

Business description

Located in Wagga’s largest suburb, this newsagency was part of the opening of South City centre in 2004 & has experienced strong growth ever since. Centre has 15 specialty shops including the city’s largest Coles supermarket, Donut King & The Coffee Club. Nearby facilities are an Aldi supermarket, medical, pathology & child care centres. Customer car parking for 420 cars

The newsagency is part of a stationery buying group, an excellent Tattslotto agency (commissions expected to be over $200,000 this year) & good shop sales of traditional lines including gifts & greeting cards. Takings approaching $16,000 per week

The 127m2 shop is at the main entrance of the shopping. No deliveries.

Enquiries: Neville [Phone Number Censored], Peter [Phone Number Censored]
(both are experienced ex newsagents) & are able to guide you through the buying process

Rent: $104,761 p.a. INC GST & outgoings.

For Sale: $220,000

+ est. stock $60,000

Trading hours 6am - 6pm Monday to Friday (7pm Thursday), 6am - 5pm Saturday & 7am - 4 pm Sunday

Other Information

  • Years Established: 2000
  • Lease Terms: Lease $104,000 P.a.
Peter Campbell Business Brokers
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