New price
massive price reduction. Incredible Canberra gift store, lottery agent, newsagent. Cooleman Court News

Cooleman Cour... Brierly Street,Weston ACT 2611

$250,000

BusinessSize: n/a

Summary
NO PAPER RUN! Well established, making great year on year profits with a fantastic diversity of product lines to keep a really good interest for the huge traffic flow through the centre.

Location Details
Cooleman Court Shopping Centre, 5/26 Brierly Street

Potential
Although a truly diverse store, the potential to increase gift lines, build a large social media following and expand is a very achievable proposition.

Reason for Sale
After many highly successful years operating a wonderful small business, retirement beckons. This provides you an amazing opportunity to pick up a great business making high profits selling at the right price.

About the Business
Cooleman Court News agency represents a wonderful opportunity to purchase an extremely well established diversified business. Far from an old school news agency, it offers so much more with gift lines, cards, wrap, magazines, stationery, lotto and of course you can still pick up a newspaper.

Cooleman Court is thriving as a large go to centre outside the enormous shopping malls many people try and avoid. Every amenity is available and the Weston Creek community support for the centre ensure continued success for small business owners throughout the centre. Free parking, great shopping, food outlets, what more could you possibly want?

As of June 2018, the newspaper run has been discontinued. The cancellation of this loss making aspect of the news agency will add $35,000 bottom line profit for the new, incoming owner and removes all of the associated headaches that come with paper deliveries. Plastic wrap, machines breaking down, subagents, missed paper redeliveries, chasing account payments, extremely high delivery costs and most importantly, crazy early morning hours.

The current owner only works around 40 hours per week having a minimum of 2 days off per week. Work more for even greater profits. Work less and still rake in fantastic profits with an incredible lifestyle business. It is possible to have the best of both worlds.

Why would you sell such a solid business that provides work/life balance and profit? After many, many years running her highly successful news agency, the owner has decided her time in the business has come to an end. It is simply time for fresh blood to come in and drive well and truly into the next decade.

Is there any potential for growth? The owner has been an extremely good operator and now you will be the one to benefit from cancelling the loss making paper deliveries. On top of this, fresh eyes and a stand alone website, creating a stronger social media presence will provide plenty of forward momentum with even larger foot traffic.

Why not take control of your future and buy this amazing business? For more information on Cooleman Court News agency, contact Andrew from Summit Business Brokers today on 0418 676 400.

WHY BUILD SOMEONE ELSE’S EMPIRE WHEN YOU CAN BUILD YOU OWN?

Inspections

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

Key Details

Property Type:Business

Map

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What's Nearby

St Jude's Primary SchoolPrimary School
0.8km
Stromlo HighHigh School
1.6km
The Canberra HospitalHospital
4.4km
Cooleman CourtMajor Shopping Centre
0.1km
Australian National UniversityUniversity
9km
Canberra CollegeCollege
3.2km
Cooleman Court Post OfficePost Office
0.1km

Weston Suburb Information

 
 
Average Age
44 years
Population
3,254
Weston Profile
Weston Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
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This listing has been viewed 170 times. It was first displayed on 26/10/18 and last updated on 06/03/19.