Newsagency For Sale Tamworth Nsw

This is a long established newsagency located on the main street of Tamworth NSW. We have owned the newsagency for 15 years and are now looking to retire so we are selling our much loved business.

The newsagency attracts around 2,500 customer visits a week and has an annual lottery turnover (2022) of approximately $1.9m. With lotteries commission of 12.3% this represents a strong underpinning for the business.

Rent is currently $7,618 (ex gst) per month or around 4% of total gross income (approx $2.6m ex gst). The total retail area is approx 270 square mtrs with a large back office and storage. The current lease has 4 years to run and there is an option for an additional 5 years with an expectation of further options.

There is a fully computerised Point of Sale with integrated eftpos and colour printer etc.

Sales of key products per annum (ex gst) are approx:
Cards $110k, Gifts $96K, Magazines $220K, Newspapers $182k.

Adjusted net profit for a couple with part time staff would be around $200k pa.

This is a strong retail business with solid growth potential.