One of Canberra’s best newsagencies/post offices. Great profit, incredibly diversified, no paper run, brilliant opportunity.
3 Edgar Street, Ainslie, ACT, 2602
Ainslie Newsagency & Post Office business has thrived. Enormous profits combined with the security of a diversified income stream and backing off Australia Post and NSW Lotteries.
3 Edgar Street
After 7 years, the owners enjoy doing business their way, which is extremely streamlined operating like a well-oiled machine. However, they are extremely happy with their operation, this doesn’t mean a new set of eyes can’t recognize additional opportunities for this incredible shop.
Reason for Sale
After 7 years of great business, the owners are ready to retire or “possibly” go back to protecting the country in the armed services.
About the Business
Ainslie Newsagency/Post Office is the perfect example of what a modern-day newsagency should be. A well-oiled machine with no paper run. A diversified income stream from Australia Post to Lotto to stationery to Dry Cleaning, magazines, cards, gifts and everything in between. Oh, they also sell a few newspapers, but that is definitely not what the business is about, it is not a paper shop, far from it.
Having the double security of Australia Post and NSW Lotteries allows this business to go about its business without the major fluctuations of the economic cycle. This has enabled the owners to experiment, diversify their income stream to add the cream to the cake.
On top of all of this, they only open for half a day on Saturday and not at all on Sundays or public holidays. A modern-day newsagency, not an old school paper shop. The husband and wife team only work 50 hours between them week providing a great lifestyle and work-life balance.
Only $290,000 + stock at value will secure this incredible business and make Ainslie newsagency & Post Office your own.