Charlestown

The Cashflow King Newsagency

First time offered in over 10 years is this premium newsagency that has no painful paper run. This business has evolved over the decade from a fully traditional newsagency to a thriving gift newsagency and gift shop all in one. Higher margins and much more foot traffic has been the result of a strategic change to the floor plan allocation towards novelty and gift lines. This business has sales surging over $2 Million p.a. and provides the owner with an adjusted net profit of $340,000 for his average 25 hour week contribution to the business plus he never works weekends and has plenty of holidays courtesy of the great staff within the business. Located just 15 minutes from Newcastle, close to all sorts of sporting facilities, schools, the beach and more.