North Shore News & Gifts – Townsville

AU$180,000
May 28, 2024

Description

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

Business Price
North Shore News & Gifts is being sold for $180,000 plus stock at valuation (estimated at $100,000).

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler – 0419 905 463
susan@beyond2000.com.au
www.beyond2000.com.au