Newsagency with Lotto and gifts, under management
Photos: Gold Coast Business Brokers
About the business
This is a Lotto and newsagency business in Charters Towers, Queensland, with more than 50 years of trading. It sells Lotto, instant scratch-its, newspapers, gifts and stationery, and also supplies stationery in bulk to local businesses, schools and Council. The business runs under management, and four staff handle the daily operations. Long term management and staff are in place, and there is a long term lease in place. The owners are retiring after 26 years of ownership. The broker reports strong Lotto sales, strong year to year sales and loyal repeat customers. The broker reports a high foot traffic, high visibility location, described as the best location.
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.
Asking price$169,000
Paid by
Your cash$50,700
Secured loan, 7 years at 6.98%$118,300
Each month
Loan repayment$1,780
Repayments each month
$1,780
Over 7 years you repay $149,882, of which $31,582 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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