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Newsagency business for sale in Redcliffe

  • Newsagency
  • Redcliffe QLD 4020
  • $195,000 + GST + SAV

News Agency & Gold Lotto in Redcliffe

PRICED REDUCED. This well-established business is situated on a main road in a busy retail strip with no local competition. The premises come with plenty of additional storage space or live-in accommodation (2-bedroom, Kitchenette, 1 bath and rear parking for 2 cars) and has a 5 Lease in place, with 5 year extension option.
Ideal for an owner operator or Husband and Wife team in a great location. This lucky lotto shop has sold 4 major prize wins in recent years.
With up to date systems and operating procedures are in place, and full training provided to the new owners, the transition will be seamless. This is a great opportunity to purchase a successful local news agency.
The Agency sells Lottery products including Golden Casket, Powerball and Instant Scratchie tickets, BlueShyft system for Ladbrokes, NEDS, BPAY newspapers, magazines, greeting cards and wrap, stationery, giftware, pet foods, and extra lines of merchandise that are appealing to customers.
Recently refurbished with new slat wall for stationary, new shelving for the gifts, and new pet food range. There are currently 2 owners, and trades 6 days/week. A potential benefit to the profitability of this business, and an alternative to simply increasing revenue through products and services, is the possibility for sub-leasing a currently 'under-utilised' portion of the floor space.

KEY POINTS:
Well established.
Very busy retail strip.
Trading 6 days a week.
Recent refurbishments and Golden Casket upgrade.
Flexibility of products and services.
Multiple income streams.
Independent operator - No franchise.
Asking $195,000 + SAV (Approximately $50k).
Ability to sub-lease some of the floor space.
100 Sqm Space
Exclusive Listing
Peter Charlton 0426-369-472

Kevin Bostock
Waterfront Properties Redcliffe
Kevin Bostock
Waterfront Properties Redcliffe

Business Highlights

Business ID2016693000
Floor Area100m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  11 Dec 2020
Map for Redcliffe QLD 4020
Map for Redcliffe QLD 4020Redcliffe QLD 4020
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Kevin Bostock
Waterfront Properties Redcliffe
Kevin Bostock
Waterfront Properties Redcliffe

Business Highlights

Business ID2016693000
Floor Area100m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  11 Dec 2020
Waterfront Properties Redcliffe
Shop 3/75 Redcliffe Parade Redcliffe QLD 4020
Kevin Bostock
Waterfront Properties Redcliffe
Kevin Bostock
Waterfront Properties Redcliffe

Ask Kevin Bostock about this business

Kevin Bostock

Kevin Bostock

Waterfront Properties Redcliffe

Call Broker
0418 125 356
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