Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

A Golden Opportunity; A High-Quality Newsagency Is Available in Buderim at a Fair Price

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

A Golden Opportunity; A High-Quality Newsagency Is Available in Buderim at a Fair Price

Article excerpt

AGENT'S REPORT

A NEWSAGENT of the highest quality is for sale at a fair market price. Don't spend four times net profit for a newsagency when you can own this one for less than three times annual net profit.

Wirreanda Newsagency, on the beach side of Buderim, has been around for the past 22 years. This mainly residential area is not subject to the fluctuations of the tourist market. Supported by the local community, including schools and businesses, this newsagency has all the ticks in the right boxes.

It is a full Golden Casket agent, current ranking 506, contracted delivery run, 10 sub agents, long secure lease, ideal husband and wife business, Buderim community bank agent, large secure territory, massive $200,000-plus profit to working owners.

This safe and secure business is why newsagencies are considered to be low risk and a preferred business for lending institutions. Substantial sales generate healthy returns, and the business even has capacity to employ casual staff. …

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