Listing Number: 96931-62143
This newsagents is in an ideal location in Brisbanes CBD. Highly profitable business with lots of potential to expand the range of products as well as to introduce a new layout of the store.
The range of convenience products and consumables could certainly be increased as developments in close proximity to the business are turning to student accommodation and apartment blocks. The owner has suggested that the layout of the business could be modified to open the space and to make room for more defined product sections within the store.
The business operates from Monday-Friday, however these hours could be extended to include the weekends, especially when the residential developments are completed.
About the Business
This large newsagency has been running successfully for fifteen years, and benefits from being located in a prime location in the centre of Brisbane’s CBD. The business delivers newspapers and benefits from a passive income generated by subagents.
The business has a great floorplan and offers a variety of products. It is in an area in close proximity to new developments for both office spaces and residential apartments, so its value and turnover is sure to increase exponentially in coming years.
It is the ideal time for a new buyer to enter the business and introduce a new product range and to prepare the business for an influx in traffic in the area.
- Open Monday-Friday
- Passive Income generated by sub agencies
- B2B relationships developed
- Large floorplan
- Located in growing area
For more information on this valuable opportunity, enquire today! Don’t miss out on your chance to secure a profitable and easily manageable business in Brisbane’s CBD.
- Price: $210,000
- Down Payment: $21,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Withheld, Queensland
- Inventory: $0
- FF&E: $0
- Employees: 0
- Reason for Selling: Owner looking to retire
- Category: Convenience Stores