Scone Newsagency - $425k + SAV

Description

Scone Newsagency $425,000 plus S.A.V.Scone Newsagency is a unique newsagency and department store offering a broad retail experience focused on serving the local community. Positioned prominently on the main street of Scone, the business occupies approximately 800 square metres of retail space, complemented by a large storeroom and dedicated staff facilities including a lunch and rest area.The store has been carefully developed around the needs of the local community, with a diverse range of retail departments providing multiple revenue streams.The Business Display Areas by Department:Social Expression:The Social Expression department generates total sales of $10,363 per week across Greeting Cards & Wrap, Gifts, Calendars and complementary products, with approximately 385 items sold each week.Stationery:A comprehensive selection of stationery for home, office and school requirements is available. There is also an opportunity to further develop this category by establishing an online stationery store.YETI:YETI is prominently presented within the store and offers an extensive range of products designed to appeal to a broad customer base. The department provides a distinctive retail experience and is exclusive to Scone Newsagency within the local area. Annual sales are an impressive $381,334.Magazines and Newspapers:The business maintains a well-balanced range of magazines and newspapers, providing a profitable category with established customer demand. Magazine sales total 8,088 units annually, generating $80,566 in annual revenue. Newspaper sales total 15,294 units annually, generating $62,344 in-store revenue.The Lott:A strong and established lottery operation generates consistent sales, with lottery commissions exceeding the cost of rent.