Exciting Newsagency Business Opportunity in Northern NSW!
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About this business
In the broker's words
Full description, as written by the brokerAre you ready to own a well-established, community-loved newsagency with a strong legacy and excellent growth potential? This thriving independent business operates from two strategic locations, offering historic performance and unique market positioning.
Operating since 2004, this business is a cornerstone of the local community, providing a wide range of quality products including inspirational gifts, cards, books, toys, homewares, magazines, NSW Lotteries, daily news, and stationery essentials.
Key Financial Highlights:
- Total Sales: Circa $1.1 million.
- NSW Lotteries Commissions: Circa $442,000.
Business Highlights:
- Exclusive NSW Lotteries Retailer: Monopoly in lottery sales within the town, consistently ranking in the top 20% of total lottery outlets statewide.
- Prime Locations:
- A charming CBD boutique store located in a historic building, offering a unique shopping experience.
- A concept store in the local shopping centre, ensuring steady foot traffic and broad customer reach.
- Established Workforce: A dedicated and well-trained team ensures exceptional customer service and a seamless ownership transition.
Growth Opportunities:
- Expand the product range or diversify offerings using additional space in the CBD store.
- Develop an e-commerce platform to complement in-store sales and capture a broader customer base.
Additional Features:
- Secure Leases:
- Shopping Centre lease secured until June 2027.
- CBD store lease negotiable with the property owner.
- Strong Community Presence: Serves a growing local population of over 11,000 and benefits from tourism from the Gold Coast and Brisbane.
Why Invest?
With secure income streams, exclusive lottery rights, and prime locations, this business is perfectly positioned for continued success. Located just 45 minutes from Byron Bay and 30 minutes from Tweed Heads, this is your chance to own a thriving business in a vibrant, regional community with a relaxed lifestyle.
Price: $1,200,000 plus SAV
Don't miss this rare opportunity!
** Images used for illustration purposes only
Key facts
Details are as stated by the broker.
- Business type
- Newsagency
- Established
- 2004 (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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