Looking for a prime investment opportunity? Look no further than the Newsagency in Gold Coast Shopping Centre. Offering high-quality immigration projects and specializing in the sale of lottery tickets, newspapers, magazines, greeting cards, stationery, and accessories, this business generates an impressive $2.4 million in annual revenue, with lottery sales accounting for $2.1 million of that amount.
Located at the entrance of a bustling shopping centre, this business boasts a large and stable customer base, unaffected even by the challenges presented by the recent pandemic. With 110 square meters of easy-to-maintain retail space, you'll only need one employee on duty during regular business hours, except when lottery jackpots surge.
Currently, the lease extends through 2029, with a weekly rent of only $1,308+GST. Annual profits exceed $250,000, making this an ideal opportunity for those seeking to invest in a lucrative business venture. Due to personal circumstances, the business is now available for sale at a sincere price of $495,000 +SAV. This is the perfect family business. Contact us today to learn more.