Business Under Offer Townsville, Queensland 4810
Business Category General Retail Newsagency
Under Contract / Offer
Description
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, vapes, homewares, and more. The business benefits significantly from having two lotto tills, achieving remarkable annual lottery sales of $2 million 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
North Shore News & Gifts is being sold for $150,000 plus stock at valuation (estimated at $100,000).
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at XXXXXXXXXX .
Business Broker:
Susan Butler – XXXXXXXXXX
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