Business Display

Middlemount, Queensland

Busy Leasehold Golden Casket Newsagency & Store

Leasehold price: $305,000 neg + SAV
Listing ID: 991


It's time for the owners of this busy Golden Casket newsagency to spend more time with the grandchildren, opening up a fantastic business opportunity for a new buyer in the thriving Queensland town of Middlemount.

A rich rural area producing both beef cattle and crops, Middlemount benefits enormously from also being a coal mining town, with the local population of 2200 boosted by a non-resident mine workforce of over 1500. The town is perfect for families, with a school (Prep to Year 12), child care facility, shopping centre, medical centre, and excellent sports facilities.

There are walking/cycling tracks around the town, with work-out stations for added fitness, and nearby Bundoora Dam is popular for camping, fishing and water sports.

This excellent business enjoys a monopoly as the only newsagent in Middlemount, with the nearest towns 30 and 45 minutes away. Established for 35 years, the current owners have operated the newsagency for over 10 years and are now ready to retire, travel and spend time with family.

In addition to the usual newsagency lines, the shop sells papers and magazines, cards, Lotto and Instant Scratch-Its, gifts and stationery, drinks and lollies, and bicycle tyres, tubes and helmets.

- Prominent position in Middlemount Shopping Mall, close to bank, school and medical centre
- In-store key cutting service + agents for dry cleaning
- Supplies magazines / papers to 4 sub-agents
- Staff consists of 1 part-time plus 1 junior
- Training will be provided during the handover period

A recent boost of confidence in the town has seen the hotel get a new licensee and makeover, and the arrival of a new mining company, bringing the total to 3, so the new owners of this newsagency can look forward to a successful future.


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Middlemount, Queensland