Summary
good location cheap rent good trading hours easy to manage stable income
Net Profit
$150,000 pw
Location Details
It is located along a main street in southern Gold Coast
Skills
customer service skills
people's skills
Hours
Monday to Friday 6am to 5pm; Saturday 6am to 1pm and Sunday from 6am to 11am
Lease
Lease expiry on 30/04/2025 + 3 + 3 with CPI increase
Employees
owner operate
Reason for Sale
other plan
About the Business
This well-known and long-established newsagency is located on a main street in the southern Gold Coast.
– With a strong local reputation and long trading history, this is a great opportunity to convert the business into a mini supermarket, as there are no convenience stores or supermarkets within a 10-minute drive. The shop also includes a cold room.
– Currently selling lottery tickets, stationery, gifts, magazines, eggs, tobacco, drinks, milk, and offering ATM and courier collection/return services.
– Trading hours: Monday to Friday 6am–5pm; Saturday 6am–1pm; Sunday 6am–11am.
– Low annual rent for a spacious premises, no supplier restrictions, and full freedom to expand the product range.
– Lease expires 30/04/2025 with two further 3-year options and CPI-based rent increases.
– Net profit: Approximately $150,000 (including owner’s wages). The current owner originally purchased the business for visa purposes, and as that purpose has been fulfilled, the business is now being offered for a quick sale at $120,000 plus stock.
– Price is negotiable for a quick takeover — don’t miss this great, affordable opportunity!
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