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Thread: business with good cashflow

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19-07-2007, 04:26 PM	#2 (permalink)
drunkenguru Member Posts: 5 Join Date: May 2007 Location: Sydney, NSW	Not sure about post office, but with newsagencies you're looking at 30% of revenue being profit. So say you turn over 500k a year, that's 150k in your pocket. One thing to note about this business is that every dollar counts and adds up - it's a cash business and many operators don't report their true profits (I don't endorse this behaviour, of course). HTH DG

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