Newsagency businesses are selling through the covid challenges. While retail businesses in some other channels are not selling, newsagency businesses are selling and some have sold quickly, in a week or two of going on the market.
This is good for the channel. The number of buyers looking speaks to how the channel is viewed as an investment opportunity.
I have heard of a couple of instances where the purchasers were able to obtain bank finance, too, which is a nice shift from recent times.
Being essential through the pandemic is helping to reset how the channel is viewed.