The Queenton Paper Shop is a well know destination for lotto, all office needs, cards and gifts with an annual turnover of greater than $3.0m. This simple business and excellent opportunity have been serving the Charters Towers community for over 80 years, making the store incredibly well known in the area. Currently the business is run under management and is a perfect opportunity for a motivated husband and wife team or family looking to take on an already profitable business and make even more money selling high profit margin items.
Why you should you purchase this great opportunity:
Established in Charters Towers over 80 years ago
This business cannot be duplicated
2 Lotto terminals
Tower POS System
Simple business model
Established clientele base
Residence attached provides rental income / home for the new owners
Flexible working hours
Loyal customer base
Owner-operated
Excellent parking
Supported by accountant's figures
Great advertising
Profitable business
Opportunities for growth
Easily run
Trades 7 days
The Queenton Paper Shop provides high margin lotto from two terminals, stationary, ink, toners, gifts with a secondary offering of papers and magazines. This excellent opportunity is well set up and ready for a new owner. The business generates a high revenue stream through multiple different avenues, giving consistency through diversification and uses the Tower POS system which can demonstrate live and give on time reports of every product sold at any time of the day. The store is a member of newXpress, a unique and competitive buying group that also gives access to a myriad of business assistance products.
The business is located on Gill Street in Charters Towers, one of the main retail strips in the town making this iconic location incredibly well known to locals. This location provides excellent parking, allowing you to simply welcome the customers in without worry of accessibility. An added bonus is an option to also purchase the freehold property or lease the premises which includes a residence, with shortage of vacant residential property this is a really good option.
The current owners of this business have it primed and ready for a new owner who strives for customer satisfaction. Also included in the sale is a period of tuition, so that you aren't left in the dark when you are taking over. This tuition will run you through everything you need to know when it comes to operating the business, starting you off on the right foot for takeover.
The current owners are only selling this opportunity as they wish to down size and ultimately retire. If you are interested in this unique business opportunity, click on enquire now or give us a call today!
