Broker Details
Asset Business Brokers
NEWSAGENCY (SUB)
Advert Id : 7176
Sellers Ref: (RS466)
Location: QLD - GOLD COAST
Category: Supermarket
Financial summary
Asking Price: AUD $490,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
Sub news with full gambling and growing sales. Very central Gold Coast location close to a major shopping centre and new residential developments. Near the entrance to a leading national food retailer with plenty of parking at the door. With current annual sales in excess of $1.4m (and growing) this would be an ideal family business. Large shop with excellent window exposure, stock display area and office. A long lease is in place (including options) with reasonable rent for the area. Trading six and a half days with no paper run. Could become full newsagency in the near future. Stock value approx. $30,000. All inspections by appointment only and a confidentiality agreement required.
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