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$230,000
$2,080,000
Currently on offer is a busy newsagency that also functions as lottery and post office outlets. It has a diverse revenue stream due to offering a broad range of products available to the general public.
*$2,080,000 annual revenue
*$230,000 annual net profit
*5+5+5-year lease
Ken Bouchebli and the team at LINK Melbourne are thrilled to bring to the market this newsagency, lottery outlet and post office. The business has a diverse revenue stream by combining popular services. It is open six days a week, enjoying strong revenue performance and consistent exposure to passing traffic daily.
The business is located in a bustling shopping centre. The premises are beautifully set up to attract high foot traffic. A secure 5+5+5-year lease provides long-term stability and the incredible opportunity to continue operating in the location and premises that customers already associate with the business.
Operated under management with nine casual staff, the business requires minimal day-to-day involvement from ownership. The business presents as an excellent opportunity for investors seeking a semi-passive revenue stream.
To learn more about this exciting opportunity, contact Ken Bouchebli today!
Listing ID: ME03072
Broker: Ken Bouchebli
Phone: 0406 966 455
Email: ken.bouchebli@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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