There are four reasons you should enquire into Macka’s Newsagency today:
1.The seller is highly motivated and ready to part with the business after 10 years of trade.
2.The business is positioned in the exclusive inner-south suburb or Griffith.
3.There is a loyal customer base.
4.Turnover is a touch under $1 million.
Many important historical events occurred in the 1960s: the Cuban Missile Crisis, The Moon landing, the formation of the Beatles and the establishment of Griffith Newsagency. The business has once again come on the market after a decade of successful trade as Macka’s Newagency.
While having been around for almost forever, Macka’s News has consistently enjoyed stable business from Griffith and the surrounds, with a loyal, long term and committed clientele. The secret of Macka’s success has been its simple yet effective business model: Freshly printed Newspapers, Magazines, Lotto tickets, lollies, Smokes and friendly customer service.
You do not need endless qualifications but you do need to be ready to serve and assist Macka’s frequent customers with a smile.
Griffith Newsagency holds a position second to none in the centre of the exclusive Canberra suburb of Griffith, where average incomes are around $104,000 p.a. (Tax Stats). This means that the Griffith locals have large disposable incomes, being some of the highest in Canberra.
On top of this, rent is very reasonably priced at $6,118.71 including GST.
This business provides bang for your buck with a fit-out (POS and systems included) ready to go, an exclusive position, very fair rent, a built up customer base and strong turnover.
Don’t Delay! Enquire today!
To express your interest and receive our full Business Information Package (BIP), please email - email@example.com - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.
Thank you on behalf of the team at Capital Commercial Business Sales.
|Reporting Period||2016||Weekly Average||2015||Weekly Average||2014||Weekly Average|
|Wages and salary||$62,123.00||$1,194.67||$62,229.00||$1,196.71||$52,870.00||$1,016.73|
• Premises: Area 7 on Sub-leasing Plan 1063 Block 20 Section Division of Griffith
• Commencement: 01/04/2013
• Termination: 31/03/2018
• Term of the lease: 5 years
• Option: 5 years
• Annual Rent: $66,509.88 (including GST)
• Base Year: Year ending 30 June 2007
• Monthly rent: $6,118.71 (GST Inclusive)
• Rent review: CPI increase
• Bank Guarantee: An amount equal to 3 months Annual Rent plus GST from time to time, initially in the sum of $16,627.47
• Public liability insurance: $10,000,000
• Tenant’s Proportion of Outgoings: 36% of the increase in Outgoing above the Base Year
• Approx. 116.22m2
Sale Status : Sold
Sale Method : Private Treaty
Investment Amount : $139,950
Stock at Value : $100,000.00
Finance Options :
1300 793 690
0400 446 605