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 […]
Entries Tagged as 'buying a newsagency'
Thirty new newsagency locations
March 3rd, 2010 · No Comments
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.
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 […]
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 […]
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 […]
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 […]
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.
Tags: buying a newsagency