Business overview
- Location: Toowoomba & Darling Downs, Queensland
- Price: $470,000 +SAV
- Property ID: NFS015
Description
NEWSAGENCY – Cunnamulla Newsagency and residence for sale. – Rare Freehold opportunity w/ 2brm residence !
Open ONLY 40hrs a week over 5.5 days, closed Sundays. Enjoys a tourist season from April to October annually. Does not presently sell Tobacco products.
Includes a Rented 2brm air conditioned Residence atop the shop as extra income
After eleven years the owner is offering a rare opportunity to acquire the freehold and business of Cunnamulla Newsagency the only newsagency and Lotto agency within 200km radius.
Cunnamulla is at the junction of several Outback Queensland tourist routes and benefits from patronage of tourists from May until October.
Business highlights:
Prime location: Situated in the heart of Cunnamulla adjacent to the pharmacy and two bustling coffee shops, ensuring steady foot traffic.
Exclusive Service Area: Serves a broad district including Eulo, Thargomindah, Yowah, Hungerford, Bollon and Wyandra.
Diverse Product Range: Offers newspapers, magazines, giftware, stationery ( including Back to School supplies), greetings cards, partyware, toys, exclusive souvenirs. It is also a booking agent for Murray’s Coaches.
Modern Operations: Equipped with computerized POS system, two cash registers and the latest Lotto terminal and branding.
Support transition: Owner willing to assist new owner during the first month to ensure smooth handover.
Residence Features: On-site Living or Rental Income: A spacious residence above the shop includes two bedrooms, a sleepout, lounge room, large family room, renovated kitchen and deck. Currently tenanted, providing additional income or owner- occupier potential.
Operational Details: Opening Hours: Monday – Friday 8.30am-5pm. Saturday 9am – 12noon
Staffing –Operated by owner/manager, one casual worker.
This well-established business offers a unique opportunity for a new owner to continue its legacy and explore growth avenues in a vibrant community.
* Turnover Newsagency : $ 161,810
* Turnover Soft Gambling 2023 : $ 386,504
* Turnover Soft Gambling 2024 : $ 454,702 >$9k commission increase !
* Trading : 5.5 days, half day Saturday & closed Sundays
* Agencies : Golden Casket
* Owners Profit : $ 66,870
* Asking Price : $ 470,000 including Stock & Freehold with rented 2brm residence above. (WIWO walk in walk out)
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