Australian Newsagency Blog

A blog on issues affecting Australia’s small businesses, newsagents, media and small business generally.

Entries Tagged as 'buying a newsagency'

Thirty new newsagency locations

March 3rd, 2010 · No Comments

People interested in buying a newsagency would be well advised to check with lease consultants and or landlords given the number of new newsagency locations available right now.
I have seen a list of thirty quality shopping centre locations across the country.  Many, but not all, are in new centres where the landlord is looking to […]

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Tags: buying a newsagency

Three new newsagency locations available

December 24th, 2009 · No Comments

I’m aware of three new newsagency locations available through my involvement with newsXpress.  One each in Victoria, New South Wales and Queensland.  Each is a greenfield shopping centre based location set to open early in 2010.  If you know of anyone interested in opening a next-generation newsagency, please pass on my details: 0418 321 338.

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Tags: buying a newsagency · newsagency of the future

Owners wages are not part of profit

September 10th, 2009 · 7 Comments

Often, brokers handling the sales of newsagencies add back owners wages to the profit of a business before determining the selling price. For someone who has not purchased a newsagency before this can provide a false view of what the newsagency is worth. They see a ‘profit’ of $150,000 a year and think […]

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Tags: buying a newsagency

New newsagency opportunities

September 5th, 2009 · 6 Comments

Through my involvment with newsXpress I am hearing of more newsagency for sale opportunities through landlords looking to get national brand representation in their centres.  Right now, I am aware of newsagency locations available in Queensland, New South Wales and Victoria.  Some are greenfield locations and others are existing centres. I’d  be happy to point […]

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Tags: Newsagency for sale · buying a newsagency

When you sell your newsagency: the handover checklist

August 20th, 2009 · 25 Comments

I have been working with several new newsagents in recent weeks to help resolve issues arising from poor handover from previous owners. In each case, the main issues could have been resolved with the outgoing newsagent providing a document at settlement which details information crucial to the running of the business.
Instead of a gracious […]

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Tags: Newsagency management · buying a newsagency

Helping new newsagency owners

August 17th, 2009 · 10 Comments

I met with a newsagent in Sydney tonight to talk about challenges faced by the business.  Answers for the key challenges are in their business data.  The biggest challenge is understanding that and then leveraging the data to guide a solution.
The newsagent is relatively new to our channel - less than a year.  They came […]

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Tags: How is business? · buying a newsagency

Buying a newsagency seminar

July 13th, 2009 · No Comments

Newstrade is running a seminar for anyone interested in buying a newsagency on July 22 - in Burwood, NSW.  This seminar is an excellent opportunity for anyone in NSW considering buying a newsagency to find out more about the newsagency business and the process of evaluation and purchase.

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Tags: buying a newsagency