An iconic local business with a long-standing reputation, Penola Newsagency has proudly serviced the township and surrounding district for many years. Under current ownership since XXX, the business has demonstrated strong, consistent trading performance and presents exciting potential for further growth.
Located in a stone building with prime main street frontage, this is a fantastic opportunity to acquire a thriving business in one of the Limestone Coast’s most sought-after rural communities.
Business Highlights
Well-established and respected local business
Strong trading history with scope to expand product lines and services Exclusive SA Lotteries licence within Penola
Comprehensive range of retail offerings: Newspapers & magazines Stationery & greeting cards
Toys, puzzles & gifts Confectionery
Convenient trading hours: Monday–Friday: 7am–5pm
Saturday & Sunday: 8am–12 noon"
Premise
Character stone building on a 190m² allotment Rear storage/office area
Side and rear access for deliveries Split-system heating and cooling Highly visible main street frontage Great parking for customers
Location
Positioned in the heart of Penola’s vibrant main street, surrounded by complementary retail and hospitality businesses, including a high-traffic bakery and pharmacy directly opposite.
Penola is a thriving township of over 1,300 residents, supported by a strong regional customer base and a steady influx of visitors drawn to the renowned Coonawarra Wine Region, Mary MacKillop Centre, and local events calendar.
Ideally located within 50km of Mount Gambier, Naracoorte, and Millicent, this is a prime regional business opportunity.
Figures
Weekly Gross Takings $4885
SA Lottery new commission $50,000 Full figures available upon request
Purchasing Options
$165,000 including stock and fittings
Other options available including Freehold or Leasehold"
Property Code: 1026