Shopping at its Best- Westleigh Newsagency Ragamuffins Gifts $100,000+ S.A.V.Westleigh, New South Wales
- For SaleStatus
- New South WalesState
- $100,000 + SAVPrice
Westleigh is a feature suburb, with a village atmosphere, situated in the Northern Districts some 10 minutes from Hornsby and just a few minutes from Thornleigh Rail station on the main Northern Districts Line. The area boasts many of the very best Private School educational opportunities for those who choose to do so, as well as the very high standard local Government Primary and High School choices.
With expanding families within the area, having more children, Social Expression was enlarged to include Baby wear hence the “Ragamuffins Gifts and Babyware” overhead signage demonstrating the new business activity.
The Westleigh Village Shopping Centre presents an ALDI Store along with a large IGA, Mint Fresh Market, Butcher, Baker, Pharmacy, 3 Cafes plus 3 restaurants, Medical Centre and other shops and community service centres.
The Business Model of Westleigh Newsagency & Ragamuffins Gifts and Babyware is a trend setter for Newsagencies not just maintaining their long-held community-based connection it actually firmly improves this by connecting with the whole family unit including the extended connection with Grandparents. The “double sized” store of 131 sq metres showcasing two shop fronts, caters for the quick ‘grab it and run’ sale of daily, dedicated purchase of the traditional newsagency lines as well as the more discerning purchase with advice and full customer service ‘from the floor’ rather than the Front Counter.
Business Model for the future, is exceptional in it allows for the adaption of all sorts of changes within the community to be sourced, displayed, and catered for in both sections of the store. Both businesses side by side with the same lease are well placed centrally within the Shopping complex. The combination of New Style News with Ragamuffins, offers the best facility stocking a variety of products, bringing awareness to the community by facilitating their needs and wants.
Front Counter- NSW State Lotteries-The Lott - where you could win the Lott. or buy a Lot of everything you need or want. This is the quick service “grab and go” when you know what you want although it services the whole area when needed.
The adjoining counter for Ragamuffins can be opened at different hours or used whenever it is necessary such as for the $80m Jackpot Powerball and on regular occasions for those customers who have chosen their purchase or want that extra service help to make their purchase. The current operation is tailored to suit the owners and can be adjusted accordingly by new owner/s.
Current owners have operated the newsagency for the past 16 years and by moving with the times have created a current and future shopping community atmosphere by focusing on “family first” by carefully selecting Gifts, Greetings Cards to match and other Social Expression as well as the baby wear products.
The business is unique in that it is placed within a captive marketplace, presenting to a safe and substantial neighborhood environment, a “close to home” opportunity currently netting $85k p.a. as a starting point for the new owner/s.
The current lease has an option for renewal of 5 years in August 2022. This rare opportunity is suitable for many such as a semi-retired couple or a sole operator to work with less hours by adjusting the opening /closing hours and /or staff levels as required to suit their needs. Many other possibilities exist especially as Centre Management is prepared to negotiate a new term and occupancy (lower) rate than currently being paid by the incumbent. These options can only be discussed confidentially with genuine purchasers.
For discussion and Business Profile as well as extra possibilities and new opportunities:
Contact Graeme Day - 0407 206 016.