One of Canberra's best newsagencies/post offices. Great profit, incredibly diversified, no paper run, brilliant opportunity.

3 Edgar Street,Ainslie ACT 2602

$375,000

BusinessSize: n/a
UV: $204,000 (2018)

 Summary
Ainslie Newsagency & Post Office has not only stood the test of time, the business has thrived. Enormous profits combined with the security of a diversified income stream and backing of Australia Post and NSW Lotteries has set this business up for many more exceptional years to come.
Potential
After 7 years, the owners enjoy doing business their way, which is extremely streamlined operating like a well oiled machine. However, they are extremely happy with their operation, this doesn't mean a new set of eyes can't recognize additional opportunity for this incredible shop.

Reason for Sale
After 7 years of great business, the owners are ready to retire or "possibly" go back to protecting the country in the armed services.

About the Business
Ainslie Newsagency/Post Office is the perfect example of what a modern day newsagency should be. A well oiled machine with no paper run. A diversified income stream from Australia Post to Lotto to stationery to Dry Cleaning, magazines, cards, gifts and everything in between. Oh, they also sell a few newspapers, but that is definitely not what the business is about, it is not a paper shop, far from it.

Having the double security of Australia Post and NSW Lotteries allows this business to go about its business without the major fluctuations of the economic cycle. This has enabled the owners to experiment, diversify their income stream to add the cream to the cake.

On top of all of this, they only open for half a day on Saturday and not at all on Sundays or public holidays. A modern day newsagency, not an old school paper shop. The husband and wife team only work 50 hours between them week providing a great lifestyle and work life balance.

Only $375,000 (negotiable) + stock at value will secure this incredible business. Call Andrew from Summit Business Brokers on 0418 676 400 today for more information.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Block:2
Section:27
Unimproved Value:$204,000 (2018)
Stamp Duty:$0

Map

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What's Nearby

North Ainslie Primary School, AinsliePrimary School
0.9km
Lyneham High, LynehamHigh School
1.7km
Calvary Private HospitalHospital
5.3km
Canberra CentreMajor Shopping Centre
2.2km
Australian National UniversityUniversity
3.1km
Merici CollegeCollege
0.9km
Dickson Post OfficePost Office
1.4km

Ainslie Suburb Information

 
 
Average Age
41 years
Population
5,104
Ainslie Profile
Ainslie Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on 3 Edgar Street, Ainslie ACT 2602
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This listing has been viewed 175 times. It was first displayed on 07/03/19 and last updated on 07/03/19.