Established Newsagency Lotto Outlet in Coastal Queensland – 40+ Years Caloundra

Yesterday, 3:34pm

Private Seller Lalitha pty ltd

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Summary

Well Established Newsagency, Gifts, Souvenirs, Western union, Translink ( we are only translink in 25kms Radius), Crypto machine, Parcel connect and many more at one place

Revenue

$1,200,000 pa

Rent

$60,000 pa

Net Profit

$120,000 pa

Location Details

4 Bulcock St, Caloundra
Prime position in Caloundra’s main retail precinct. Surrounded by cafés, banks, retail, and foot traffic. Major high-rise developments approved nearby – future growth assured. Just a short stroll to the beach. Very good opportunity for growing it.

Potential

An exceptional opportunity to purchase a long-standing newsagency and Golden Casket Lotto outlet in the beautiful beachside community of Caloundra, Sunshine Coast.
Operating successfully for over 40 years, Pacific News & Casket offers a consistent and reliable
income for an owner-operator, in a vibrant retail precinct just metres from the coast.
The business benefits from a loyal customer base of locals and regular holidaymakers, and sits within a key growth corridor with major residential and retail developments underway nearby.

Skills

Can be managed by the owners. Very easy to manage by themselves. If you have little knowledge on business you can easily succeed in this business.

Hours

We open everyday
Monday- Saturday: 6am- 5pm
Sunday- 6am-12pm

Lease

Having 2+5 years Lease

Employees

4 employees and couple of them having experience of 10 years.

Reason for Sale

Owner is ready for a lifestyle change after decades of successful operation.

About the Business

Strong community support. High quality staff currently running the shop. Shop has over 40 years of history in this location.

Well presented shop with a huge space having with lots of stuff. Well Maintained store. Having good and positive feedback from customers.High rise buildings approved opposite side of the road and project starts soon

* Shop Sales : $ 200,000
* Turnover Golden Casket: $ 800,000
* Trading : 7 Days
* Staff Wages Supporting Owners : $ 60,000
* Delivery Run : No, just some sub-agents
* Agencies : Golden Casket, Parcels, Drycleaning, Gifting, Translink Cards issuer, Magazines, Western union, Greeting cards, Toys, Drinks, Souvenirs, Clothing, Translink, Crypto Machine

* Stock (est) : $ 20,000

* Asking Price : $ 100,000 + stock

History

Shop having history of 40 years and we do all the Souvenirs stuff in our location. Well noticed by tourists.

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