Newsagencies for Sale in Melbourne

UNDER CONTRACT

OUTER SOUTH EAST AREA - TATTS - SUBNEWS

First time offered for many years.

This Tatts Sub- News business has a high profile position in a huge South Eastern Shopping Centre which is located  in one of the fast growing areas of Melbourne.

Over 90 shops including three Supermarkets, Target, and Kmart, Banks provide for all the customers’ needs.

Tatts Income is high, with strong retail shop sales.

Adjusted Net Profit for owner operators around $190K per annum. This agency was open because it is an essential  business right through the Covid period and is a secure investment and ideal career change once Tatts trained.

Price $640K plus SAV

BANK Finance available to approved purchasers

 Call Jocelyn Wilson 0408 604 070 or email jocelyn@premierbusiness.com.au  

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UNDER CONTRACT

OUTER SOUTH EAST - POST OFFICE

Would suit Pakenham/Cranbourne buyers - a leisurely drive against the traffic flow.

This is a monopoly business with very strong growth potential and is combined with a Newsagency (no home deliveries) but with full commissions.

The town is located on Westernport Bay where the growth is immediately apparent. The business has a parcel/delivery which has more than doubled in the last two years.

With the continued growth the Commissions are projected in excess $165K + mail run $44K + shop sales.

Currently there are 180 occupied boxes and a waiting list. There is a potential for a further 70 boxes.

Asking Price $550,000 + SAV $70K including approx $40-50K cigarettes.

For further details contact:

Merrin Wilson on 0418 559 886 email merrin@premierbusiness.com.au 

 

 

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SOLD

TATTS - SUBNEWS - BENTLEIGH AREA

This proven Business has been owned by the current Vendors for over 20 years, who are now ready to fully retire.

The Vendors currently operate the business on a Part-Time job share basis and have retained staff, who would not be required for full time owner operators who purchase the business.

Located in a top location in the centre of the busy Bentleigh Shopping Strip this Tatts-Sub-Newsagency has the advantage of this particular shopping street being one of the strongest in the southern suburbs for day to day shopping needs.

The customers are regulars, with high magazine sales, cards and stationery and a selection of gift lines and a busy Tatts Agency.

The Bentleigh Shopping Centre is one of the best in Melbourne since it is very stable with all conveniences as well as the major Supermarket and car parking. Well displayed stock and excellent fittings throughout the store.

Price asked $350K plus stock

For further information contact Jocelyn on 0408 604 070 or email jocelyn@premierbusiness.com.au 

 

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SOLD

TATTS AGENCY AND ASSOCIATED LINES

PARTNERSHIP OPPORTUNITY

This thriving Agency, proven to be so even in this time of the CVirus, has been owned by the current vendors for around 12 years.

The Tatts sector of the business has been integral in providing a strong effect on the growth of the retail side of the business providing a regular customer flow and sales since the new Corporate Image Tatts shop-fit was installed at the entrance to the business premises.

This business has become well known for an extensive range of magazines, sub-news and other associated services for customer convenience and has traded exceptionally well, especially over the last 6 months as financials show

Whilst the store continues to evolve, so too does the Moonee Ponds landscape.

This shopping precinct has many new major retailers that do not compete, but all add to drawing very high foot traffic to this very popular shopping strip.

Additionally there is also many new developments occurring in the immediate area which will place new customers on the doorstep

A long lease is in place for security of tenancy

Adjusted Net Income for the current Vendor is in excess of $280K per annum, owner operated with experienced staff, however a partnership could earn at least a further $50K by saving on the extra staff wages.

ASKING PRICE $810K (PLUS SAV $150K)

Call Jocelyn Wilson 0408 604 070 or email: jocelyn@premierbusiness.com.au

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SOLD

BALLARAT TATTS AGENCY - SUB NEWS AND ASSOCIATED LINES

Tatts Commission increase from  $220K in 2019 to $237K for the 2020 year and still steadily increasing.

This proven  business is located next to a very busy Coles Supermarket, and other strong  major traders. 

A large car park for customers  convenience.

The current vendor is looking to retire after over 10 years operating this busy Agency.

Excellent staff,  Tatts Corporate Image Fittings completed and a 9 year lease with current Rent less than $30K PA

 There is a new housing estate nearby bringing many new  customers to this area.

This agency traded really well through COVID and is a safe,secure essential business.

Price $580,000.00 plus SAV

Bank Finance available to approved purchasers.

Call Jocelyn Wilson on 0408 604 070 email jocelyn@premierbusiness.com.au

 

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SOLD

YARRAWONGA TATTS/NEWS

SOLD

Opportunity for a new lifestyle, and high income in this proven business.

Premier Business Consultants are proud to offer the Yarrawonga Tatts Agency, Newsagency and associated lines for sale.

The vendors are retiring after 25 years, and during this time have established a high profile very successful business in the town.

Highly trained staff will enable new owners to move into this business seamlessly, and enjoy a wonderful lifestyle in one of the best tourist regions in the state.

The Adjusted Net Profit for owner operators is in excess of $320K per annum for owners after paying management wages of $294K as shown for the 2020 Financial Year. If owner operated by couple there would be a substantial saving in wages and superannuation being paid currently, increasing Adjusted Net Profit according to hours worked.

Owner operators or partners could save wages and increase profits if they intend to work full time in the business.

Bank finance is available for approved purchasers

Price: $995K plus stock at value ( aprrox $100K) variable depending on the season.

Contact Jocelyn Wilson on 0408 604 070 or email jocelyn@premierbusiness.com.au

 

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