Keppel Street Newsagency Best location outstanding Newsagency $190k + S.A.V.

Newsagency/Tatts

BATHURST

Keppel Street Bathurst is a great area, special in that it has a CBD atmosphere occupied by trendy stores of Homewares, Fashion, Kiddies Bears, yes, a Bear store and great cafes including the well -established the Hub. In fact, the whole strip centre is a Hub in itself.
In the middle of this hub is the newsagency that has been run by the same owners for 20 years give or take a day or so.
There is nothing to spend on the newsagency with the already state of play the Lott fit out in the Centre of the store giving presence and atmosphere. It’s no wonder that they do such great turnover and earn so much in commissions.
The commissions earn much more than the rent and wages making this the store to “take it whilst you make it” a bit like making good money whilst you grow the new exciting future.
This location may be the reason that the Lott commissions of $132,969. p.a.2022 is among the best especially with other overheads being low in comparison. This gross income alone pays the Rent occupancy costs of $30,000 leaving a surplus of over $100k to contribute to all other expenses.
This enables other products to be introduced and the development of Social Expression, which is the fastest growing section in community - based Newsagencies today.
Deliveries and Distribution are also a separate part of the business -profitable in the way it is run with the support of the staff, keeps a contact with the local base of consumers. This service is conditional and optional in that it can be sold separately, handed back to publishers with a 3 months’ notice or terminated by publishers giving a 6 months’ notice.
The wages are more than comfortable in the shop area as the current owner participates in the Distribution 5 days per week.
This is a very good opportunity for new owners where they have choices to altering their staffing arrangements to suit the retail clientele or provide labour for the Distribution.
The BUSINESS has:
• A strong and proven infrastructure, all the right basics and incomes for future success
• That distinctive community feel of comfortability for new people to fit in.
• All the ingredients in place - would suit an active couple, or a focused management structure with one proprietor and staff placement re-allocated to suit at no more expenses than the current operation.
It is indeed the HUB of the community on a daily basis, with great incomes with further and obvious development yet to be developed.
For discussion and Business Profile as well as extra possibilities and new opportunities contact:
Graeme Day – 0407 206 016 or Jacqueline Rossiter 0421 890 777.