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Fantastically diverse news agency/post office. Great profit, great lifestyle.

$295,000+ SAV
Negotiable
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Shop 3/10 Garran Place, Garran ACT 2605

Summary

Wonderful opportunity to own a fantastic, established, diverse business. Post Office, gift shop. lottery agent, stationer, card shop, news agency with NO PAPER RUN and only 5.5 days per week. Garran Newsagency is an amazing opportunity to own your own newsagency

Revenue

$1,100,000 pa

Rent

$44,508 pa

Expenses

$227,466 pa

Net Profit

$120,000 pa

Potential

Although this business offers a truly diverse product line, there is certainly an open door for an new owner to bring fresh product lines into this well established business to build on an very solid, loyal customer base.

Hours

Only open Monday to Friday and a half day on Saturday

Lease

Solid lease in place until July 2022

Employees

3 well trained casual staff who are all wanting to stay on.

Reason for Sale

After 10 years operating a successful business, it is time for the owner to move on to the next venture in life providing you the perfect opportunity to secure this extremely low risk business.
If you have been thinking about a new lifestyle, being your own boss, creating your own destiny, this is a great opportunity to change the trajectory of your life. Don’t allow this to be the opportunity you look back on in 5 years and wonder “what if”.

About the Business

Wonderful opportunity to own a fantastic, established, diverse business. Post Office, gift shop. lottery agent, stationer, card shop, news agency with NO PAPER RUN and only 5.5 days per week. 

Garran Newsagency offers an extremely large range to ensure income streams continually flow from different product lines enabling the business to trade successfully for over 35 years. Turning over $1,100,000 annually, this is far from your average, old school news agency, no paper run, trading only 5.5 days per week, no public holidays. A paper shop that provides a work life balance.

Located in the Garran shopping centre with many established businesses, supermarket, butcher, café, hair salon, real estate agent, and more. Surrounded by medical practices and supplying the hospitals located within the suburb, this thriving centre will provide a new owner plenty of growth potential with the high security only a large, established, shopping centre can provide.

After 10 years operating a successful business, it is time for the owner to move on to the next venture in life providing you the perfect opportunity to secure this extremely low risk business.
If you have been thinking about a new lifestyle, being your own boss, creating your own destiny, this is a great opportunity to change the trajectory of your life. Don’t allow this to be the opportunity you look back on in 5 years and wonder “what if”. 

What’s holding you back? Dream of a better life. Call Andrew from Summit Business Brokers today on 0418 676 400 for more information about this wonderful opportunity.

For more information, including full financials, for this wonderful opportunity
to view the terms & conditions in the Summit Confidentiality Agreement

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