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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