Business For Sale - Chirn Park Newsagency 'Multi Award Winning Business - Net Profit $341,697'

Southport, QLD5/25 Musgrave Ave

Retail / Newsagency/Tatts
Expressions Of Interest
Listing ID1800132

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The Chirn Park Newsagency is an industry icon. Established for over 50 years with the same owners for the last 14 and a half years.
The business is located in a strip shopping centre in Chirn Park surrounded by many other local businesses including the Post Office, Doctors, Chemist and local Supermarket. Chirn Park is a busy and thriving community with a unique atmosphere and huge passing traffic. This amazing business is one of the biggest distribution agencies in Queensland. Employing 15 staff with 8 delivery vehicles and just under 100 sub-agents.
The business is well positioned with a long term lease and low rental. The beautiful shop fit-out is only 4 years old and presents like new.
The business is Bauer Media Magazine Sales number 1 in Queensland and number 5 Nationally. Bauer Media Rewards Program number 2 Qld and number 3 Nationally. Over its many successful years it has also won numerous other awards including
Bauer Media National Newsagent of the Year - 2017 Runner up
Bauer Media National Newsagent of the Year - 2016 Winner
Bauer Media National Newsagent of the Year 2015 - Winner
ANF National Distribution Newsagent of the Year 2014
ANF Qld Distribution Newsagent of the Year 2014
QLD Distribution Newsagent of the Year 2013
QLD Distribution Newsagent of the Year 2012
QLD Distribution Newsagent of the Year 2011
QLD Distribution Newsagent of the Year 2010
92.5 Gold FM Best of the GC 'Best Newsagent' Winner 2013

This business shows a net return to the current husband and wife of $341,697 (2016/17) on the latest tax return. All financial information is available.

Video URL: https://youtu.be/aj0LQYBNJ5E

For sale by Expressions of Interest closing 30th January 2018.
Contact Dru Morgan
Ph 0418 185 484
Email dru.morgan@raywhite.com
25 Musgrave Avenue Southport QLD 4215 AUS
-27.956397 153.403255