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Queenton Paper Shop
Looking to buy

Queenton Paper Shop

$295,000 + SAV
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About this opportunity

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.

Business Story

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.

Charters Towers is booming with the addition of 3 new big box national retailers and huge mining growth in the area supported by water security from the the largest dam in Australia. 

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!

Why should you consider this opportunity?
  • Established in Charters Towers over 80 years ago
  • This business cannot be duplicated
  • 2 Lotto terminals
  • Tower POS System
  • Simple business model
  • Residence attached – provides rental income or a home for the new owners
  • Flexible working hours
  • Established loyal customer base
  • Owner-operated
  • Excellent parking
  • Supported by accountant’s figures
  • Great advertising
  • Profitable business
  • Opportunities for growth
  • Easily run
  • Trades 6.5  days
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Want to Find Out More About This Business for Sale?

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Denny Leet
Denny Leet Principal | Senior Broker | Licensee 0409 639 366 View Profile
Arley Leet
Arley Leet Business Broker | Licensed Agent 0427 427 863 View Profile
Phil Dodds
Phil Dodds Business Broker | Licensed Agent 0428 674 486 View Profile
David Muir
David Muir Network Connector 0450045373 View Profile