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Property Details

Price ONLY $490,000 + stock !
State QLD
Property Type Retail

NEWSAGENCY – Cairns Region ID#6597372 – Massive Profits & staff support

Asking ONLY $490k + stock making over $436k with over $266k of staff in support of the 2 working owners !!

8am starts, how good is that ! Look at that retail lotteries growth !! Recent refurbishment make this one very presentable shop. New lease negotiated >30% rent reduction.

4 major anchours in this shopping centre underpin significant foot traffic. Ranked well into the top 10 lottery outlets in Qld. No home delivery, shopping centre hours, and supported by quality staff, this one could be an easy take over.

* Turnover Newsagency : $ 1,004,810
* Turnover Lotteries 2017 : $ 3,487,292
* Turnover Lotteries 2018 : $ 3,951,656 ! (up $35k in commission)
* Turnover Lotteries 2019 : $ 4,690,287 !! (up $55k in commission)
* Turnover Lotteries 2020 : $ 4,663,281 !!! (up $16k in commission)
* Turnover Lotteries 2021 : $ 5,095,859 !!!! (up $59k in commission)
* Trading : 7 Days
* Staff Wages Supporting Owners : $ 266,965
* Delivery Run : No
* Agencies : Golden Casket

* Owners Profit : $ 436,222
* Stock (est) : $ 120,000

* Asking Price : ONLY $ 490,000 + stock

Please Contact :-
Chris Green on 0419 473 666 or
Graham Randall on 0419 711 153 or
email info@newsagenciesforsale.com.au

CONFIDENTIALITY ACKNOWLEDGEMENT AND AGREEMENT
To receive more information on this business please visit www.newsagenciesforsale.com.au and complete a Confidentiality Acknowledgement and Agreement.