Supanews Franchise Profile
| Name of Franchise System | Supanews Retail |
| Industry | Retail - Newsagency |
| Investment | $180,000 to $600,000 |
| Territories available | Numerous locations in Queensland, New South Wales and Victoria |
| Number of franchises | 51 outlets total, 37 of which are franchised |
| Qualifications and background required | No previous retail experience is required. However, our franchisees must be able to devote their full time and attention to the business and to be 100% behind the Supanews brand. |
| Training provided | Each new franchisee will undergo a thorough training program to ensure that when the doors open for the first time the franchisee has the capabilities and confidence to operate their store. The training program is tailored to suit your experience and store requirements, but a typical training program would include:
Your training with Supanews continues long past your initial program, with a strong focus on ongoing store and skill development. A newsagency is a relatively complicated business and one of the ways we help make this more manageable is by providing you with guidance at Support Office and field level. You will have a dedicated Business Development Manager, who is responsible for providing you with ongoing support. |
| Term | 5 + 5 + 5 year term |
| Marketing | Supanews runs marketing and promotional activities on a national and local level, working with suppliers on key season events, new product launches and general marketing activities. The focus is very much on in-store or near-store marketing activities, to generate sales in-store. Activities include monthly impulse promotions, store opening activities, lottery jackpot promotions, special offers and much more. |
| Year business established | 1994 |
| Year franchising commenced | 2004 |
| Franchise contact details | a.gaskin@supanews.com.au |
| Request information | click here to request more information about this franchise business |
| Website | www.supanews.com.au |
The Supanews Story
Supanews founder, Adrian Gaskin, has been involved in newsagencies for over 35 years and from his experience, passion and drive, Supanews has grown to over 50 stores across four states and territories with an annual turnover in excess of $140 million.
The first Supanews store was opened in 1992 in Aspley, Queensland. Adrian took over an existing newsagency, increased its size, and range and converted it into the first 24 hour newsagency in Australia. The success of this business allowed him to open more stores and he began to concentrate his efforts on the Brisbane CBD and then major shopping complexes. A market leader, Supanews soon grew to become the largest privately owned newsagency chain in Australia
In late 2004, Supanews broke new ground by launching the first ever full business format franchise system in the industry. Prior to the launch of Supanews there had only been buying groups and banner groups (e.g. Newspower and Nextra) operating in the newsagency industry. Supanews identified that a strong business model franchise was the best way to simplify, strengthen and make the newsagency model more profitable for the owner.
Supanews’ strong brand, store design and retail principles have ensured that the Supanews business is the most compliant brand of newsagencies in Australia. Based on the strengths of the Supanews model, the systems and procedures developed, the franchise was rapidly accepted by suppliers and prospective franchisees as a strong business model. Supanews now has 36 franchises from a total of 51 stores. Supanews intends to maintain its rapid growth through 2010.
The Supanews Franchise Model
The Supanews Franchise Model offers 5 key advantages:
-
Comprehensive initial training,
-
Ongoing skill and store development,
-
Reduced workload achieved through streamlined system,
-
Financial benefits of being part of a large and well-respected group, and
-
Sales and marketing support to drive your business.
As part of our continual development of the Supanews franchise model, we have developed key relationships with major banks to offer preferential arrangements for Supanews franchisees. Currently, Supanews has business finance accreditation with Westpac, allowing up to 60% of your investment to be financed against the business, for approved customers. Many other major banks have also assisted our franchisees in funding entry into the system.
The Supanews Difference
Supanews has achieved its success by being a “best practice” retailer. Through hard work, high energy and a constant process of innovation, Supanews has developed a profitable business model at the forefront of the newsagency industry. As Australia’s premier newsagency retailer, Supanews stores differentiate themselves from other newsagencies in the following ways. These differences have established Supanews as a market leader; a destination retailer capable of generating retail excitement and substantial sales.
-
Supanews positions itself as a specialist retailer by having the range and expertise necessary for customers to view us as a destination for the key categories of magazines, greeting cards and stationery.
-
Supanews stores are retail only, meaning no home deliveries and no 4:00AM starts!
-
Our 100% compliance model allows us to leverage better deals from suppliers.
-
Our stores are spacious, easy to navigate, bright and clean, offering a true customer-centric shopping experience.
-
The strong Supanews brand includes a uniform corporate image, store layout and national marketing initiatives, communicating the high quality of our customer offer.
Supanews leverages its customer driving products like magazines and lotteries to drive high profit product sales like greeting cards, stationery and impulse lines.
For more information on this opportunity please contact us, or request more information below.
Areas are available across Australia
Contact us at Supanews or simply
click here to request more information about the
Supanews Franchise Opportunity
CLICK HERE FOR FRANCHISE FOR SALE OPPORTUNITIES
Request information