Southwest Flanders: Top newspaper shop for sale

Activity description and competitive position:

• This newsagent offers a fixed range of products (newspapers, magazines, tobacco products, vaping products, greeting cards, lottery tickets, football betting and related products) in a retail segment that relies on daily customers and subscriptions.
• The shop is very centrally located in the South West Flanders region with plenty of parking space right outside the door. Little to no competition.
• Well-known business in the region.
• The business is run by the owner, who wishes to retire.

Strengths 

• Ideal central location with parking facilities.
• Large retail space of 120 m² - lots of potential to develop additional activities (rent €1600/month)
• Unique interior design is recent and there are no immediate investment needs.
• Large regular customer base
• High turnover from National Lottery, parcel services, and tobacco products (no longer sold in supermarkets)

Potential

• Acquisition is feasible for a motivated starter
• The current owner-manager is willing to provide support and guidance during the transition period
• Plenty of scope for additional activities: parcel service for local shops, gift shop, regional products from local producers/farmers, print and scan shop, local municipal service point, event ticket sales, collection point for ironing, sewing workshop, repair service (shoes), keys, license plates, etc.
• Expansion of betting services possible

• Large increase in sales of tobacco products due to discontinuation of sales in supermarkets, many new customers

   

  Key figures 

• Turnover for the financial year 01/04/2024 to 31/03/2025 = €920,000 (Turnover from Lotto, Bpost, slot machines, etc. is not included, only the commissions paid out. Total turnover €1,550,000 - €850,000 plus €70,000 in commissions on a turnover of €700,000)
• Gross margin: €150,000 to €70,000 in direct commissions and €80,000 on general sales and tobacco.

• Gross profit + manager's remuneration: €100,000

   

  OFFER - Transfer of business 

• Stock (cigarettes, newspapers, books, soft drinks, etc.) amounts to approximately €60,000. (snapshot)
• All furniture, cash register systems, etc. are new.
• Asking price for transfer of well-run business is €50,000 (plus stock on the day of transfer).