Urgent Sale - Profitable Newsagent in busy shopping centre in Surfers Paradise

- Gold Coast QLD

Short Summary

Established high-traffic lotto & retail store (20+ yrs) with strong repeat customers, ~$2.58M turnover, essential daily trade.

Key Selling Points

• Established brand
• Flexible hours
• Cashflow Positive
• Strong year to year Sales
• Long Term Lease in place
• No Direct Competition
• Best Location
• High foot traffic location
• High visibility location
• Booming Industry!

An outstanding opportunity to acquire a long-established high-traffic lotto and retail business in a prime Surfers Paradise location, generating approximately $2.58M turnover with average net profit of $92,220. Trading successfully for over 20 years, the business benefits from strong repeat lotto-driven foot traffic, loyal local and tourist customer base, and multiple income streams including stationery, gifts, magazines, Go Cards and parcel services. Operated directly by the owners with simple, proven systems and no staff, it delivers strong cashflow and easy day-to-day management. With 50% of revenue driven by lotto alone, this is a stable, recession-resistant operation. Significant upside exists through product expansion, staffing, and digital marketing, making it an ideal turnkey opportunity for an owner-operator or investor seeking reliable income in a high-demand retail precinct.

Contact Duane Fry 0455 993 223 | Jeevesh Thaman 0451 559 383

Asking $150,000 + SAV

Ref. no. BUY2556

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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CONFIDENTIALITY & NON-CIRCUMVENTION AGREEMENT. Parties: This Agreement is made between Business Classifieds Pty Ltd (ACN 130 005 426) ATF Business Classifieds Trust ("the Agent"), and The undersigned recipient ("the Recipient"). (1) Interpretation: For the purposes of this Agreement: "Business/Property" means the business and/or assets and/or property referred to by the Agent and/or described in any document, advertisement, memorandum, or agreement provided by the Agent. "Confidential Information" means all information, documents, data, forecasts, statements, and material (whether written, verbal, or electronic) disclosed by the Agent or the Seller in connection with the Business/Property, excluding information which is in the public domain other than through a breach of this Agreement. "Seller" means the party who owns or controls the Business/Property, and includes their heirs, executors, administrators, successors, assigns, or any related entity. "Recipient" means the individual or entity receiving Confidential Information, and includes its officers, employees, advisors, agents, representatives, successors, and assigns. Words denoting the singular include the plural and vice versa. Obligations bind parties jointly and severally. (2) Confidentiality Obligations: The Recipient agrees: (a) to keep all Confidential Information strictly confidential; (b) not to disclose any Confidential Information to any person without the prior written consent of the Agent, except to professional advisors (lawyers, accountants, or financiers) who require such information for the purpose of assessing the Business, provided such advisors are also bound by equivalent confidentiality obligations; and (c) to return or permanently delete all Confidential Information, including any copies, notes, or electronic records, upon request or immediately upon the Recipient electing not to proceed with the acquisition of the Business. (3) Non-Circumvention & Commission Protection: (a) The Recipient acknowledges that the Agent is the introducing party and the effective cause of all dealings with the Seller, (b) The Recipient agrees not to approach the Seller, directly or indirectly, or attempt to negotiate, purchase, lease, invest in, or otherwise acquire any interest in the Business/Property, except through the Agent, unless otherwise agreed in writing by the Agent, (c) The Recipient must not: (i) bypass, avoid, or circumvent the Agent in any dealings with the Seller; (ii) assist any other party to do so; or (iii) take any action that interferes with or diminishes the Agent's entitlement to commission, (d) If the Recipient, or any related entity, nominee, associate, or advisor of the Recipient, acquires any interest in the Business/Property, whether directly or indirectly, the Recipient agrees the Agent is deemed to be the effective cause of the transaction and the Agent's full commission is payable by the Seller in accordance with their agency agreement, (e) If the Recipient is found to have breached this clause, the Recipient agrees to indemnify the Agent against any loss, commission, costs, or damages suffered as a result of such breach.*

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