Newsagency Finance

Purchasing a Newsagency

Find A Suitable Newsagency

Newsagencies for sale can be found in the 'Business for Sale' sections in the press or by contacting one of the reputable newsagency specialist business brokers in your state. We recommend that you utilise the services of a business broker rather than by 'Private Treaty' as you will usually receive better quality information and support during the buying process. There can be pitfalls associated with purchasing under private treaty and in our experience, buyers often pay an inflated price. We can provide a list of newsagency specialist brokers if you wish.

Identify A Shortlist

This can be done by considering the following important considerations:

Important Considerations

- Profitability and affordability
- Location and history
- Competition
- Lease term and rent
- Hours and home deliveries
- Future potential

With Respect to the profitability, you should assume that the vendor's stated trading and profitability figures are correct. These figures will need to be verified during the purchase stage with an accountant's Due Diligence Verification Report.

Finally, decide on the most suitable business for you.

 

I Have Selected a Potential Newsagency to Purchase

Newsagency Finance

Copyright Robert Mayor & Associates P/L 2007