248 Beach Rd Batehaven NSW 2536
$799,000 ONO (plus SAV)

DESCRIPTION

Phone enquiries - please quote property ID 17223

Owners are retiring after 18 years of running this successful newsagency. (Previous owners for 17 years). Consistent high profitability in a premium location.

Newspower
Licensed Post Office
NSW Lotteries

Batehaven is located within Batemans Bay on the beautiful, unspoilt New South Wales South Coast, only 1.5 hours east of Canberra and 4 hours south of Sydney. Batemans Bay is a picturesque coastal holiday town in a region that is famous for its spectacular beaches and waterways.

Batehaven Village provides all the required conveniences, facilities and amenities plus lots more.

Batehaven Newsagency has been operating for over 30 years and is located directly opposite Corrigans Beach. The Newsagency is surrounded by tourist accommodation, which sees the population triple during peak times. The surrounding local population is substantial and provides ample year-round foot traffic to sustain this thriving business.

This Business boasts a comprehensive range of products including:

• Local, national and international newspapers, magazines, popular weeklies and monthlies.
• Cards and wrap & an extensive range of stationary.
• A renowned selection of diverse & well-priced, quality gifts.
• Phone recharges and international calling cards.
• Convenience items such as cigarettes, milk, drinks and confectionery
• Approximate running stock value $180/200K.

The Business is a registered NSW Lotteries agent, with sales in excess of $1.5 Mil, and commissions last calendar year of $150K. The Business is also a fully Licensed Post Office operating 7 days a week, offering most of the services of a corporate office and owning 420 private post boxes, with annual commissions of over $140K. Current overall gross turnover is $3 Mil.

SALE INCLUDES:-

All fixtures fittings and equipment
2 sign-written vehicles
Integrated POS network
Back to base security system
Website, domain name
All licences are transferable to approved purchasers

Stock will be sold at valuation.

With a past history of solid returns over many years, this would be a suitable acquisition for a purchaser looking for a successful business away from the hustle & bustle of city living or possibly a family looking to migrate to Australia through the purchase of a secure business. This Business comes with a great income plus a lifestyle to be envied in a magnificent area of Australia.

Further financial information would be provided after inspection and confidentiality requirements have been completed.
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