Newsagency, Lotto & TSG in a High-Profile North Hobart Location

About the Business

Positioned on busy Elizabeth Street in North Hobart, this established newsagency, lotto outlet and TSG tobacco franchise presents an outstanding opportunity to acquire a well-known retail business with multiple income streams, strong customer traffic and limited direct competition.

The business generates turnover of more than $3.1 million, supported by lottery, tobacco, magazines, newspapers, greeting cards, stationery, confectionery and general convenience retail. With dedicated free customer parking, excellent street exposure and an established local following, the business benefits from both repeat customers and passing trade.

A major advantage is its strong market position, with the vendor advising there are no nearby lottery retailers and the business effectively operates as the only full-service newsagency in the immediate area.

The operation is supported by established systems, experienced staff, recognised brands including The Lott and TSG, and documented procedures to help ensure a smooth transition for an incoming owner. The vendor will also provide two weeks of full-time training.

With a long lease, annual CPI rent reviews and opportunities to further expand higher-margin retail categories, this is a compelling opportunity for an owner-operator seeking an established business in a high-profile North Hobart location.

Business Highlights
• Turnover of approximately $3.149 million FY2024/25
• Prime Elizabeth Street, North Hobart position
• Newsagency, lotto, tobacco and convenience retail
• Dedicated free customer parking
• Strong repeat customer base
• Limited direct competition
• Established TSG franchise and The Lott outlet
• Experienced staff willing to remain
• 10-year lease plus 5-year option
• Two weeks' vendor training included