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Books and news retail business

About the business

A lotto and newsagency, a books and news retail business, in Wodonga, Victoria. It sells books, magazines, newspapers, gifts and stationery, and has an online sales channel serving customers nationwide. It is positioned on a pedestrian thoroughfare in a town of approximately 30,000 residents. It is a preferred supplier to 30+ regional schools and multiple local libraries. The current owners operate part-time. The broker reports 1,300+ transactions per week and that it is suitable for an owner operator, family business or retail buyer.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $599,000 is paid

  • Your cash $179,700
  • Loan $419,300

What borrowing costs

$531,238 repaid in all

  • Borrowed $419,300
  • Interest $111,938
AU-22692Estimate

Asking price$599,000

Paid by

Your cash$179,700

Secured loan, 7 years at 6.98%$419,300

Each month

Loan repayment$6,320

Repayments each month

$6,320

Over 7 years you repay $531,238, of which $111,938 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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