Kempsey is a major town on the Mid North Coast of NSW. Located halfway between Sydney and Coolangatta. Kempsey is 16 Kilometres from great and popular family holiday beach areas such as South West Rocks and the very well-known surfers "paradise"-Crescent Head. The same owners have owned and operated the Newsagency for the past 18 years.
Social Expression such as Gifts, Toys and other products to suit "family and friends" could do exceptionally well.
The store has been refurbished with the very latest 'the Lott" fit out demonstrating incredible success with the latest figures (print out enclosed within Business Profile). The Lotteries commission less expenses is a nett figure of $185,740 p.a. or $3,572 per week. This results in a tremendous cash flow weekly profit - after rent of $920 p. w. there is $2,652 profit from the Lott alone to pay wages and other expenses and /or to develop the retail space with extra stock thus expanding the foothold of the business even further. There is room for improvement as the foundation is a platform for the future growth of the Social Expression within the newsagency along with the "spare" cash flow to do it with.
The cost of the business of $158k including Fixtures & Fittings plus Stock at Value (S.A.V.) approx. $60k is outstanding especially with the opportunity to further develop trading.
The price is right, the opportunity is outstanding with such a great profitable foundation and all it needs is for you to take it further and with the right purchaser the Landlord will grant a new lease.
Please don't hesitate to discuss this outstanding opportunity by contacting Graeme 0407 206 016 or Jacqueline 0421 890 777 for further information or request a Business Profile through our website www.bpbrokers.com.au
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