Condobolin, New South Wales 2877
Newsagency at Condobolin. Great Opportunity $185,000 + S.A.V.+ Freehold $180,000
For Sale | $185,000 + SAV
The newsagency is of excellent presentation in emphasising an exceptional product range with figures to match.
With a very solid community -based town with good facilities and strong population of 3,450 in 2016 Census, Condobolin, located in the Central West of NSW is approximately 1 hour 15 minutes to Parkes, midway to Orange and travelling the same distance again there is Dubbo.
Outstanding Features include:
• The incredible opportunity for the new owner to purchase a total package of Business and Building showing an incredible Return on Investment (R.O.I.).
• Lotto commissions of approx. 60k p.a. pays the proposed rent plus one full time staff and junior part time per week.
• The allowance of $80k p.a.(optional) for two owners doing 40 hrs. p. w. produces a $40k surplus resulting in a return for Goodwill of $185k of 22% p.a.
• Opens 5 and two half days per week. (Saturday and Sunday).
Details for consideration for Purchaser:
• With both partners working the work arrangements could be re - shaped to suit.
• The current owner/s have not changed the early morning opening, leaving it optional for new owners.
• With a partnership of two working 35 to 40 hrs a week each and a reduction in shop hours there would be significantly more money. See proposed roster.
Join the good life in Central Western NSW country - style living in Condobolin where:
• You can be a part of the strong community and cater for their needs as well.
• COVID trading is extremely solid with people wanting to shop locally without any fear.
• This essential service provides just that and the ability to satisfy whatever there is a demand for.
• There is a pending start of a mine with 1,900 construction workers and a 21 - year mine life with a further 20 - year option.
This could be the opportunity too good to miss.
Please fill out the Confidentiality Agreement for full details and a Business Profile with current financials will be forwarded by email to you.