Newsagency
16 Million customers –One newsagency
As the only newsagency in a newly expanded shopping centre that expects to receive 16 million customers next year, you can be sure you’re onto a good thing with this ideal business opportunity.
The shopping centre is the largest in Melbourne’s northern suburbs and one of the
largest in the entire city.
After its recent $180 million redevelopment the centre now has 320 stores with a wide diversity of choices ranging from cinemas to fashion, variety stores to hair and beauty salons, and a host of other retail services.
And this is your chance to own the only newsagency in the entire complex. Already operating for over 43 years, this isn’t by any means a new operation. This is a well-established business with membership in the 230 store strong Nextra buying and marketing group, plus the business has an impressive $3.8 million annual turnover.
Its considerable turnover comes from magazines, newspaper, stationary, cards & wrap, lotto and scratchies and other related products. People travel from all over the city for its comprehensive selection of magazines while the newsagency is ranked in the top four in Victoria for card sales from one of the leading suppliers.
It has an ideal position within the centre. The wide shop frontage is next to a major department store and close to the centre’s 700-seat food court ensuring maximum exposure to the enormous flow of shoppers.
To make this opportunity even more appealing, there are no deliveries, so none of the pre-dawn starts you usually associate with owning a newsagency.