Internal Ref: BUY2725
Summary
Established North QLD newsagency with 50+ years of trading, strong Lotto sales, loyal customers and an under-management model. Asking $169,000 + stock
Net Profit
$134,016 pa
About the Business
The Queenton Papershop presents an excellent opportunity to acquire a well-established North Queensland newsagency with over 50 years of trading history and a loyal repeat customer base. Operating under management, the business offers Lotto, instant scratch-its, newspapers, gifts and stationery, plus bulk stationery supply to local businesses, schools and Council. With four staff managing daily operations, it may suit an investor or owner-operator seeking flexibility. The business reports an average net profit of approximately $100,208, with an asking price of just $169,000 plus stock. The owners are retiring after 26 years of ownership, creating an opportunity for a new owner to build on its established foundations.
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
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