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Established Inner North Newsagency And Lpo

Business for Sale
Established Inner North Newsagency and LPO
Canberra ACT

Under Offer


Established Inner North Newsagency and LPO

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
After 16 years in the business the current owners are looking to retire and find a purchaser for this long established and successful Newsagency and LPO.

This is a steady and profitable business investment turning over $1.17 million and earning the retiring owners over $161,000 for the financial year 2012-13, a promising improvement on the previous year. As with any LPO/Newsagency, profits are diversified, adding an element of resilience.

Located in one of the oldest demographics of the Inner North, the business enjoys a strong following of loyal clientele including approximately 350 delivery accounts. 13 subagents further expand the network, including 2 supermarkets and 4 service stations.

All that business makes for long trading hours, 6am to 6pm weekdays and half days on Saturday and Sunday. This is currently a family business. A husband and wife team have been putting in 3 full and 4 half days each week plus deliveries, while the son and son-in-law deliver newspapers 6 days between them.

At present, 2 casuals are brought in to assist for a total 18 hours/week (plus more when required). Luckily the profit is there to hire additional staff if needed.

In brief:

  • Turnover beyond $1.17 million for 2012-13 financial year
  • Owners profit over $161,000 for 2012-13 financial year
  • Gross Profit of 29.67% 2012-13 financial year
  • Rent 92m2 for $3,845.95 plus GST/month
  • Landlord has agreed to new 5 plus 5 lease at expiry in August 2014

Asking $259,000 plus SAV
Stock approximately $70,000

N.B. Bank finance is available for safe and stable businesses like this– up to 50% of the purchase price.

Strong, stable profits. If you would like to know more please enquire via the form on this webpage or alternatively enquire via email to

Business Broker Frank Walmsley
Mobile: 0400 446 605

Please note that email enquiries from customers using will not be able to be action unfortunately. Please use an alternate email and also provide a contact mobile or landline. Your understanding and assistance is appreciated.

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