$700,000 + SAV | Under Management Newsagency & Gift Shop

SOLD: $500,000

Business Overview

With a consistent year-on-year revenue of over $1,000,000 and normalised net profit of circa $270,000, this opportunity won’t be on the market for long.

Run completely under management with an experienced team and solid processes in place, the business successfully operates with minimal owner involvement. The current owner who lives interstate is never required to step foot on the premises.

Recently renovated with an inviting modern fit-out, this Newsagency/Gift Shop offers a large range of products, including newspapers, magazines, cards, stationary, lotto, giftware, and much more.

The business is located in the prime position of a busy shopping centre in the growing region of Hunter NSW.

If you’re looking for a profitable under-management investment opportunity, don’t miss out and enquire today.

Features

• Revenue of $1 Million +

• EBITDA $300,000

• Consistent Cashflow

• Diverse Product Range

• Excellent Location

• Run Under Management

Financials

• Revenue: $1,090,460

• Gross Profit: $651,111

• Wages incl Super: $197,027

• Net Profit/EBITDA: $268,351

*Average of last 3 years