Looking to buy:

News on the Avenues

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$250,000 + SAV


New Listing

About this opportunity

News on the Avenues is a fantastic newsagency based in Townsville. This profitable newsagency opportunity has been operating in this location for over 15 years now with their fantastic business model, yields the business a fantastic financial bottom line. This well-established opportunity is perfect for anybody looking for a flexible lifestyle, with the ability to choose their own hours.

Why should you consider this opportunity?
  • Well established (15 years)
  • Offering a variety of magazines, lotto, stationery and greeting cards
  • Plenty of longstanding and loyal clientele
  • Well-known location
  • Continual workflow
  • Incredibly strong cash flow
  • Maintained a great profit through COVID-19
  • Well renowned in the local community
  • Well-presented business
  • Very profitable business
  • Accountants’ figures
  • Experienced staff
  • Easily run
  • Simple business model
  • Trades 6 ½ days a week
Business Story

News on the Avenues provide locals with a variety of magazines, stationery lines as well as the John Sands greeting card range. In addition to these offerings, this newsagency has also had numerous 1st division lotto payouts. The fantastic offerings from this newsagency have given them a great sales revenue and translating to a considerable bottom line.

The business operates out of a 90m2 shop on Burnda Street in Kirwan, being a part of The Avenues Plaza. This shopping mall has a large Woolworths in here being the main attraction, with a liquor store, and chemist among plenty of other stores. All mentioned stores give plenty of reason for people to visit to this shopping mall and by extension gives you the ability to capitalise on the walk-in traffic.

When the business becomes yours, the current owners will provide you with tuition to allow you to grow accustomed to the business. This tuition will run you through everything you need to know to keep the business in a great condition so that when it comes time for you to take over, the transition will be as smooth as silk.

The current owners of the business are selling after operating the business for 15 years due to a wish to retire. If this profitable venture interests you, give us a call today!

Want to find out more about this business for sale?

Contact Denny Leet
ph. 0409 639 366
e. [email protected]

or contact Arley Leet
ph. 0427 427 863
e. [email protected]