Sold
The business was established in 1950 and during that time has become a cornerstone of the Tanunda community, serving locals and tourists alike. The current vendors have owned the business for over 23 years, and it has been trading from its current location since July 2009.
Renowned for its rich history, picturesque landscapes, and exceptional wine production, Tanunda offers visitors a unique blend of cultural heritage, gastronomic delights, and natural beauty that attracts approximately 225,000 overnight visitors each year.
The newsagency is ideally located nextdoor to the Foodland Tanunda encouraging foot traffic into the store. It is the magazine agent to Foodland Clare, Kapunda, and Tanunda, along with the IGA Auburn, as a self-pick up, no delivery, collection point.
There are 4 staff employed on a casual basis, and there is currently one vendor working 3.5 days per week.
Eunice Tan 0435 383 398
Goodwill including Plant & Equipment | $200,000 |
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Stock at valuation (approx) | $120,000 |
$320,000 |
Lease Term | 5 years |
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Right of Renewal | 1 x 5 years |