NORTH AREA - TATTS-SUBNEWS and Associated Lines

Ideal for partners or couple, looking for a secure business investment and new career. 

This business is a leading TATTS Agency with average TATTS COMMISSION over $400K for the last 18 months, plus strong retail newsagency sales.

 With over 100 supporting tenancies including the major Supermarket, this shopping hub has been a reliable haven right through the pandemic period.

This business is fully computerised and operates a Point Of Sale system In addition to the Tatts Agency.

The business has a full range of Newsagency lines including Greeting cards & Wrap, Stationery Range, Phone cards, Photocopying and Fax, Magazines (Direct supply) Batteries, Gift Lines, Drinks, Confectionary, Printer Cartridges, plus other agencies providing excellent service for the regular customers.

10 year lease in an established site.

Adjusted net Profit for 2 owners is in excess of $300K per annum
BANK finance for qualified and  approved purchasers.

Price $985K plus stock

For Further details contact Jocelyn on 0408 604 070 or email jocelyn@premierbusiness.com.au

 

 

 

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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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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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