For Sale by Owner
Annette Engstrom & Richard Johnston Phone : 0432 37 ****

Newsagency Gen. Store Takeaway (leasehold) For Sale Incl. Residence, Perfect Reg. Vic. Location T/O $180,000 plus Massive Growth Potential Only $40,000 plus SAV

Listing Id : 260679

Location : Victoria - Newstead -North Vic

Category : Newsagency and Lotto, Convenience Stores, Takeaway Food

Asking Price : $40,000 + SAV

Business description

If you are looking for a tree change then this is the perfect business. Ill health forces the sale of this long standing business in beautiful Newstead in Central Victoria. This is the only newsagency and fish and chip/hamburger store in town and has been trading in the same location for over 50 years. There are many options available to any new owner/operator to expand and grow the business almost immediately.

Newstead is a small regional town in Central Victoria situated on the beautiful Loddon River and close to Lake Cairn Curran, famous for its water sports and fishing. The store is on the main highway that runs through town and attracts lots of tourists. Melbourne is less than two hours away and it is close to Bendigo, Ballarat, Maryborough and Castlemaine.

This is the only newsagency in town and also offers fish and chips, hamburgers and other hot takeaway food.  It is also a general store providing a small range of grocery products for out of hours/emergencies. Current turnover is in excess of $180,000 and there are many ways the business  can be expanded.

The newsagency side could use the addition of gift lines to provide regular extra income.  The takeaway side could have more prepared meals, plus the installation of outdoor tables and chairs. Trading hours could be expanded immediately. Ill health has prevented the existing owners from growing the business, however they are willing to share their ideas with a purchaser if desired.

Features of this business

  • Established 50+ years and includes a 3-bedroom residence
  • The business has a monopoly in the town on newsagency services
  • Fantastic turnover between $180,000 and $210,000 with excellent margins
  • Massive growth and expansion potential
  • Perfect location for a treechange

This is a wonderful opportunity to escape the rat race and achieve a quality work/life balance. Imagine no traffic gridlock, noise or spiralling crime rates PLUS you will be your own boss. Growth prospects are excellent and a three-bedroom home is included for extra convenience. This won’t last, so call the number above (between 2 and 5pm Mon – Sat) for more information!

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