Business Summary

Real Estate Occupancy costs have risen considerably more than consumerism…until now. However, in this case the owners have reconsidered their options on offer and present a different footprint to the same business.
The current Business Model of Westleigh Newsagency & Ragamuffins Gifts and Babyware is a trend setter for Newsagencies not just maintaining their long-held community-based connection but firmly improving this by connecting with the whole family unit including the extended connection with Grandparents. The "double sized" store of 131 sq metres showcasing two shop fronts, caters for the quick 'grab it and run' sale of daily, dedicated purchase of the traditional newsagency lines as well as the more discerning purchase with advice and full customer service 'from the floor' rather than the Front Counter.
After assessing the workings of the current square metres the owners have, along with the co-operation of the Landlord (Shopping Centre owners), obtained permission, for the approved purchaser, to reduce the overall size of the now combined stores to one fully operational store of say 100 sq. meters. The new accepted prospective purchaser is welcome to discuss with the current owners and Landlord this new concept of space with a new ,lesser occupancy cost. It is proposed that the cost of the new space will be borne by the landlord.
It is envisaged the newly proposed footprint will create a more inclusive environment of closeness to the product thus presenting opportunity to create more impulse sales.
The Business Model for the future, is exceptional in it allows for the adaption of all sorts of changes within the community to be sourced, displayed, and catered for in both sections with the one flow for the store. Both businesses integrated within the same lease are well placed for future promotions and conversation from the Front Counter. The combination of "New Style News" with Ragamuffins Gifts, offers the best facility stocking a variety of products, bringing awareness to the community by facilitating their wants and needs.
Current owners have operated the newsagency for the past 16 years and by moving with the times have created a current and future shopping community atmosphere by focusing on "family first" by carefully selecting Gifts, Greetings Cards to match and other Social Expression as well as the baby wear products.
The time has arrived for a "new generation" of thought and purpose with the vision that with consolidation comes opportunity rather than the "rest or rust" of yesteryear.
The business is unique in that all the ingredients are there, and placed within a captive marketplace, presenting to a safe and substantial neighborhood environment, a "close to home" opportunity currently for the new owner/s.
LEASE:
This rare opportunity allows for the proposed concept to become a new starting point, offering more sales -more profit. Suitable for many new owners - such as a semi-retired couple or a sole operator to work with less hours by adjusting the opening /closing hours and /or staff levels as required to suit their needs. Many other possibilities exist especially as Centre Management is prepared to negotiate a new term and occupancy (lower) rate than currently being paid by the incumbent. These options can only be discussed confidentially with genuine purchasers.
For discussion and Business Profile as well as extra possibilities and new opportunities:
Contact Graeme Day - 0407 206 016.

Property Details