Well Established Newsagency in Thriving Hills Shopping Mall, Easy operation, Great potential
An excellent opportunity for an energetic, hands-on owner to take over an established newsagency with strong foundations and plenty of room for growth!
Featuring an attractive, well-presented fit-out, established Lotto operations, loyal customers and long-term staff, this business is ideal for a hands-on owner-operator looking to take an established business to the next level.
Key Business Highlights
• Lease until January 2028, with Landlord Hills Shire Council open to considering a further 5-year extension for a credible new owner.
• Lotto Commission: $133,391
• Education book sales: $21,400 annually with strong potential to grow
• Rent: $71,592 plus GST & outgoings
• Attractive shop presentation and POS system in place.
• Easy one-person operation with established long-term staff.
• Secure, large spacious storage room.
• CCTV and shopping centre security patrols.
• Short and convenient weekend trading hours.
Great Location
Surrounded by strong anchor tenants including TK Maxx, medical centre, pathology, chemists and supermarket, attracting customers of all ages.
Untapped Growth Opportunities
• Tobacco Potential: Opportunity to introduce tobacco sales. Not currently operated by the vendor.
• Increase Lotto commission through syndicates and share tickets.
• Expand giftware range, building on strong greeting card sales.
• Grow education books and stationery sales through nearby schools and tuition centres.
Supportive shopping centre management genuinely committed to helping businesses grow.
A fantastic opportunity for an owner-operator to secure an established business with plenty of upside!
For further details, contact the broker: 0481 588 488