CWC177 Central West Country

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CWC177 Central West Country

  • Same owners 7 years.
  • Two newsagencies – combined figures.
  • Strong based local community.
  • The combined Lott nett income is $330,990 p.a.
  • With adjusted wages netts $235,587 p.a.

 

TWO NEWSAGENCIES IN THE GREAT TOWN OF MUDGEE

Rarely does an opportunity such as this arise, that is to buy a newsagency in Mudgee let alone two newsagencies each catering for different markets with each one presenting excellent standards. Over the last 52 years there has only been two owners. The current owners have owned the newsagencies for the last 7 years and are enjoying the growth and development within the town.

Code – CWC177
Goodwill – $290,000
Fixtures & Fittings – Inclusive
Stock at Value – $60,000
Total Price – $350,000
Gross Profit – $692,238
Gross Rent – $90,800
Gross Wages – $265,648
Other Expenses – $100,203
Owners Return – $235,587
ESTIMATED TOTAL PRICE $350,000

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