Scone Newsagency - $425k + SAV

Description

Business name: Scone Newsagency

Business type: newsagency, department store and lottery retail

Location: Scone, New South Wales

Retail area: approximately 800m²

Asking price: $425,000 + SAV

Business overview

Established newsagency and department store located on the main street of Scone, offering a diverse range of products and services to the local community.

The business operates across several retail departments, supported by established customer demand and multiple revenue streams.

Products and sales

• Greeting cards, gift wrap, gifts and calendars: approximately $10,363 in weekly sales
• Social Expression department: approximately 385 items sold per week
• YETI products: annual sales of $381,334, with local exclusivity
• Magazines: 8,088 units sold annually, generating $80,566
• Newspapers: 15,294 units sold annually, generating $62,344
• Stationery for home, office and school use
• The Lott lottery services, with commissions exceeding rental costs

Premises and operations

• Prominent main street location
• Approximately 800m² of retail space
• Large storeroom
• Dedicated staff lunch and rest area
• Established retail departments and product displays

Growth opportunities

Potential to develop an online stationery store and expand sales beyond the existing local customer base.

Sale

Asking price: $425,000 plus stock at valuation.