Business Summary

Picturesque Goonellabah has spectacular views from the ridge looking North. A non-flood suburb in the hills of Lismore, Goonellabah is the fastest growing area with a thriving community and shopping centre precinct close to great educational facilities in the Northern Rivers area such as teacher training.
The current owners purchased the newsagency with deliveries 22 years ago when the times focused very much on local newspapers in fact all newspapers including the Sydney and Brisbane morning dailies.
Over a period of time, they acquired a number of Distribution areas from other newsagent areas, where the newsagent deemed them unprofitable.
Things were changing in the "Social World" and combined with the gradual shift from the print copy newspapers to electronic media, it was decided to increase social awareness with expressions to suit the excellent range of cards they stocked.
All of this provided an incredibly good traffic flow and surprisingly newspapers and magazine sales have maintained unusually high numbers on a daily basis. The local community of 13,000 residents have obviously shown the owners their choice and preferences and this is further enhanced by great Lotto Sales and Profits.
NEWSAGENCY:
* Defying a trend by achieving more than average Sales in Newspapers and Magazines
* Stationery- Social and Small Office Home Office S.O.H.O. excellent range to suit all
* Sales in Greeting Cards, are exceptional for the area and Sweets with focus on Darrell Lea can be a gift purchase or one for personal satisfaction
* The Lott is current with the latest fit-out producing exceptional Sales of over $3 million annually resulting with an average of 5,000k per week commissions.

The latest sales and Profit figures from Newsagency specialist computer Point of Sale systems P.O.S.S. are available up to and including the Calendar Year January 1 2022 to December 31 2022

The sale of the Business is Retail stand alone and does not include the home delivery or subagent Distribution which is and has been operated separately for many years.

The Newspaper Figures and margins have been adjusted accordingly with the computer sales and gross profit less all pertaining expenses available in the Business Profile
For further details and complete Business Profile as well as extra possibilities and new opportunities please contact:
Graeme Day 0407 206 016 or Jacqueline Rossiter 0421 890 777.

Property Details