Newsagency & Gift Store
South Australian Newsagency and gift store at the epicentre and mining growth explosion
Located in a thriving country town in northern South Australia, this newsagency and gift store is ideally placed to profit from the massive population and mining industry growth occurring in the region.
Offering financial security, significant growth potential and an unique regional lifestyle, this is the kind of business opportunity that won’t last long.
First established 17 years ago, the business operates as a full Newsagency and Gift Store. It offers a broad range of products and services; from lotto, stationery, greeting cards, magazines and newspapers to the latest products in mobile phones, electronic equipment, toys, gifts and homewares.
Nominated for several awards (and recently refurbished), the current owners have strategically handpicked the store’s product range, maximising its appeal for the mostly young affluent residents who make up the bulk of the local community.
The strength of the local economy has been built on the success of one of Australia’s mos t productive mining sites located 16kms north of the town. The site, developed by BHP , is home to Australia’s largest underground mine and boasts the world’s fourth largest remaining deposit of copper, fifth largest of gold and the largest uranium deposit. Significant expansion plans are currently underway for the site and in turn the local community will see an explosion of its economy and population.
The store will be a perfect fit for a hands-on owner operator looking to secure their financial security in a prosperous regional location poised for dramatic growth. With a strong local economy the local town has plenty of education, health and sports facilities for every member of the family. You’ll receive a warm welcome from the friendly multicultural community while the region’s excellent climate will provide every opportunity to explore its unique natural beauty.
Situated in the town’s sole shopping complex, the newsagency enjoys an ideal corner position, next to a major supermarket. With no competition within the town, the store is a key service provider for the local community, generating consistent turnover, good cash flow and excellent income.