Queenton Paper Shop
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!
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Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.