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Newsagency In Wagga W. 657 For Sale

Wagga Wagga, New South Wales, Australia
Asking Price:
$195,000 (AUD)
Sales Revenue:
$980,000 (AUD)
Cash Flow:
$140,000 (AUD)

2020 has been an even better year for this newsagency
Situated in the suburb of Glenfield Park (population over 6000) this newsagency was part of the opening of the new shopping centre in 2004 & has experienced strong growth ever since. South City has 15 specialty shops with Coles the major tenant (their largest store in Wagga), Brumby’s, Liquor store, Pharmacy, The Reject Shop, Butcher & The Coffee Club.
Nearby facilities are an Aldi supermarket, medical, pathology & child care centres. Customer car parking for 420 cars
The newsagency is part of a stationery buying group, an excellent NSW Lotteries agency (commissions expected to be over $230,000 this year) with good shop sales of traditional lines including gifts & greeting cards. Takings approaching $16,000 per week.New lease signed October 2019

Rent: $110,430 p.a. Inc GST & outgoings.
For Sale: $195,000 + est. stock $60,000
Shop area 127 m2
Trading hours 6am - 6pm Monday to Friday (7pm Thursday), 6am - 5pm Saturday & 7am - 4 pm Sunday

Property Information

Real Estate:


Lease Terms:

Fixed term

Leasehold Rent:

$110,000 (AUD) per annum


At entrance to major shopping centre

Premises Details:

Regular shape with excellent access.

Business Operation

Competition / Market:

Nil in centre

Reasons for selling:


Years established:

Other Information

Inventory / Stock value:
$60,000 (AUD)

Contact Information

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