Tourist and residential area, expected growth with new developments nearby.

This newsagent is located in the local sporting club complex near the pier and upmarket Peppers Resort.

Sub agents (magazines only) provide good income for little effort.

The shop could be operated by a working couple; last year net on this basis was approx. $130K. The current owner is using staff due to ill health and other commitments.

Lottery sales are strong, especially syndicates.

Expansion opportunities included additional stationery lines as there is little local competition for this.

Some minor refurbishment may assist this business. There may also be an opportunity to take advantage of the area’s growth by relocating into one of the nearby new developments at the new owner’s choice.