Summary
Newsagency, Lotto & Gift Shop in a busy shopping centre
Location Details
Its located in a beautifull suburb of Townsville with a heavy traffic location and ample parking.
Skills
ALL TRAINING WILL BE PROVIDED
Hours
MON-FRI 8AM TO 6PM
SAT 8AM TO 5PM
SUN 9AM TO 1PM
Lease
LEASE EXPIRINIG JULY 2026 AND GOT RENEWAL OF 4 YEARS
Reason for Sale
SELLING BECAUSE OF OTHER COMMITMENTS
About the Business
North Shore News & Gifts - Townsville
For Sale: North Shore News & Gifts - A Thriving Newsagency in Prime Townsville Location
A golden opportunity awaits to own North Shore News & Gifts, a highly successful newsagency situated in the bustling North Shore Marketplace in Burdell. This popular shopping centre boasts high foot traffic and is anchored by a full line Woolworths supermarket, BWS and over 15 specialty stores including Angliss Meats, North Shore Seafood, Millie J & Co, HMB Barbers, Domino's Pizza, and Studio Pilates.
North Shore News & Gifts stands out for its impressive profits, driven by a diverse range of products including Golden Casket lotto and scratch-its, magazines, stationery, newspapers, gift items, t-shirts, homewares, and more. The business benefits significantly from having two lotto tills, achieving remarkable annual lottery sales and ranking 160th in Queensland for lottery revenue.
Acquired by the current owner in 2021, North Shore News & Gifts has flourished under dedicated full-time management. The business operates with convenient trading hours: Monday to Friday from 7:30am to 6pm, Saturday from 7:30am to 5pm, and Sunday from 9am to 1pm. Spanning a generous 164m2, the shop offers ample space for a wide range of products and potential expansion. The store is equipped with roller shutters and grills for extra security, as well as a 24/7 camera and alarm system.
The new owner will step into a well-established business with multiple revenue streams and significant growth potential. Full training will be provided, ensuring a smooth transition without the need for specialist skills.
This is an exceptional chance to own a thriving business with strong financial performance and room for growth. Don't miss out on this incredible opportunity to own North Shore News & Gifts. Contact us today to learn more!
Why You Should Buy North Shore News & Gifts:
* Very well-established business
* Prime location in North Shore Marketplace
* High visibility and customer traffic
* Multiple streams of revenue
* Spacious 164m2 store
* Roller shutters and grills installed for extra security
* 24/7 camera and alarm setting
* Long-term lease until 2026 with an option to renew and affordable rent
* Customers have easy access to the store with 280 free car parks available
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