Sold! Newsagency, Gifts And Homewares – Toowoomba, Qld

Business ID: BS144589

Locally owned, independent retailer specialising in quality gifts, homewares, greeting cards, collectables, toys, puzzles, social stationery, plus the traditional newsagency lines including stationery, newspapers and magazines. Also, a licenced Golden Casket agency.

The current owners have successfully transitioned from being a traditional Aussie newsagency to a vibrant and exciting, contemporary retail outlet.

-Only Newsagency in Shopping Centre, nearest competition 1.5kms away
-Licenced Golden Casket Agency – Annual Sales approx. $900,000
-Shop retail goods Annual Turnover approx. $300,000
-Located at the main entrance of shopping centre with two entry points: open air carpark and inside centre
-Boasting a modern fitout that is bright, fresh, and very inviting
-Lease commenced Dec 2018, 6-year + 6-year option, currently in 2nd year of first 6-years
-Facebook and Instagram (both store based and shopping centre level)
-Potential to convert separate offering within store to host community activities or sub-lease subject to landlord’s approval

The owner has two newsagencies and needs to dedicate her time into growing her original newsagency purchased in 2017. Time has been spent opening and building High Street and is now ready for a new owner to take over the reins.

Price $100,000 + SAV (approx. $30K)