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Newsagency In Mclaren Vale For Sale

McLaren Vale, South Australia
Asking Price:
$210,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$289,000 (AUD)
Cash Flow:
Available on request

Manfield Newsagency is strategically located in the heart of McLaren Vale in the newly redeveloped McLaren Vale Central Shopping Centre – home to Coles, BWS, The Reject Shop and Romeo's. The newsagency adjacent to Coles ensuring plenty of foot traffic. There is plenty of customer parking and is close to other essential town services. The area is showing good constant growth.

The newsagency sells and distributes newspapers, huge selection of magazines, general stationery, greeting cards, Lotto, postal products, toys, giftware, art supplies, printer cartridges and extra lines of merchandise that are appealing to customers. They are the sole retailer of SA Lotteries in McLaren Vale with no direct competition.

There are currently 2 owners and 2 casual staff in place.
Trades 6 days per week
Turnover $289,000
Lotto Commission $93,000

McLaren Vale is the birthplace of South Australia's wine industry and home to some of the oldest grape vines. It is internationally renowned for producing world class red wine and regarded as a popular tourist destination and offers an enviable lifestyle choice that over 5000 locals call home.

This is an excellent opportunity to purchase a long established, ever growing business in an enviable location.

Property Information

Real Estate:

Lease

Location:

Strategically located in the heart of McLaren Vale in the newly redeveloped McLaren Vale Central Shopping Centre – home to Coles, BWS, The Reject Shop and Romeo's. The newsagency adjacent to Coles ensuring plenty of foot traffic. There is plenty of customer parking and is close to other essential town services.

Size in square feet:
110m²

Business Operation

Competition / Market:

No SA Lotteries elsewhere in McLaren Vale

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 0830 - 1730
Saturday 0830 - 1700
Sunday - Closed

Employees:
2 owners, 2 casual

Contact Information

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