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Listing ID: 2948963

Incredible high profit, multi award winning newsagency in Queensland's Gold Coast. For Sale

5/25 Musgrave Street Chirn Park, Gold Coast, Queensland, Australia

AU$ 665,000

(Furniture / Fixtures included)

Revenue: AU$ 1m to 5m

Cash Flow: AU$ 500k to 1m

Business Description

Chirn Park News is an incredible Australian small business success story. Highly regarded as one of the very best delivery newsagencies in the whole of Australia. The list of illustrious achievements is long and thoroughly deserved. Many years of extremely hard work has gone into streamlining a remarkable, high profit operation.

Located on the highly sought after Gold Coast, Queensland, this remarkable operation is up for sale for the first time in many, many years. This provides you the perfect opportunity to jump in to a super efficient operation and enjoy the many benefits a great business has to offer.

Why sell such a successful small business? The owners have enjoyed the many benefits of a high profit business for 15 years including great holidays, however, they have worked hard enough for long enough and are happy to pass the baton on and move onto their next adventure, whatever that may be. Now it is your opportunity to reap the benefits of a business primed for profit.

Making an incredible $341,000 net profit in the last financial year, the opportunity for financial freedom to securing your families future is available for only $665,000 plus stock at value. This is remarkably less than 2 years net profit to pay for an incredible asset. With only approximately $60,000 in stock, this high value asset is a set at a bargain price allowing the next owner great buy in.

With 15 fully trained staff including delivery staff, close to 100 subagents and amazing automation, this is definitely a business not to miss.
For more information on Chirn Park Newsagency, call Andrew from Summit Business Brokers today on 0418 676 400.

Why build someone else’s empire when you can build your own??

List of achievements:
2018 Bauer Media National Newsagent of the Year. Runner-up.
2017 Bauer Media National Newsagent of the Year. Runner-up.
2016 Bauer Media National Newsagent of the Year. Winner.
2015 Bauer Media National Newsagent of the Year. Winner.
2014 National Distribution Newsagent of the Year. Winner
2014 Queensland Distribution Newsagent of the year. Winner
2013 Queensland Distribution Newsagent of the Year. Winner
2013 92.5 Gold FM 'Best of the Gold Coast 2013 Newsagent'. Winner
2012 Queensland Distribution Newsagent of the Year. Winner
2011 Queensland Distribution Newsagent of the year. Winner
2010 Queensland Distribution Newsagent of the Year. Winner

Property Details

Property Type:

Real

Other Details

Business Location:

Gold Coast Queensland

Miscellaneous

Reason For Selling:

The owners are retiring.

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