Bordeaux , Aquitaine France - 09 10 2021, french press store interior with magazine and newspaper press on shop shelves. High quality photo

Metro Newsagency – Multiple Revenue Streams

Retail
| Owner Operator
| Perth Metro
GMO Ref# 6988

PRICE

$530,000 Including Stock

NET PROFIT

$203,502 FY24

Graeme Clarke

Contact Graeme Clarke for more information on this business opportunity
Enquire
+61 413 732 053
Email

An established Newsagency located in a bustling suburb close to the Perth CBD. With a history spanning several decades, this much-loved local business has built a strong reputation and a successful trading history.

What sets this opportunity apart:

  • Multiple income streams – Lottery products, greeting cards, gifts, newspapers, magazines etc.
  • High foot traffic area located in major shopping centre
  • Much loved newsagency supported by local community – large number of repeat customers
  • Low staffing capacity – currently owner operated with only one additional staff member
  • Quick and easy business to learn with no industry experience required
  • Growth potential via marketing avenues

This stable business is well suited to a business migrant, first business owner or couple / partnership looking for a steady income and easy to run operation.

For all enquiries please contact Graeme Clarke:

0413 732 053 / gclarke@buyabusiness.com.au

Enquire Now

Graeme Clarke

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Graeme is arguably the most experienced Hospitality and Tourism Sales Consultant in Perth and wider Western Australia. Having personally owned and operated hospitality venues, Graeme’s familiarity with the in’s and out’s of the industry, especially the potential external issues you may face, works to your advantage throughout the selling experience. Throughout his 32 years of expertise to, he has built up a substantial and considered database of financially qualified and respected investors, developers and owners of hospitality and tourism properties, giving you the absolute edge when considering the sale of your hospitality or tourism property. Working with dedication, passion and integrity, Graeme is the sound choice when it comes to the sale or leases of any hotel, tavern, motel, resort, nightclub, liquor store, café, restaurant, vineyard, hostel and caravan park in Western Australia.

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Whether you dream of buying a business, want to sell your Perth or WA business, or want to know the value of your company – GMO’s business brokers and valuers are here to assist you. We have won the City of Perth Award for Business Excellence and our Managing Director has been elected as a fellow of the Australian Institute of Business Brokers. Whether you are a buyer or a seller, GMO can introduce you to the right person.

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CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
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