$165,000 + SAV

Shop 121/20 Larsen Road, Redlynch QLD, 4870
Nextra Redlynch Central Newsagency
Offered to the market for the first time is this fully established suburban Newsagency. Located in a huge growth corridor in the thriving Redlynch Central Shopping Centre, Nextra Redlynch Central Newsagency was founded some five years ago and enjoys a captive market with limited competition in the vicinity. Additionally, the business services a huge school-aged population of approximately 4,000 students in the immediate catchment area.

Other features of the business opportunity include:

• Monday to Friday trading hours 8.30.am to 5.30pm and Saturday from 9am to 3pm- no Sundays or Public Holidays, but option to further extend hours
• Easily managed by two principals plus occasional casual staff
• New Lotto remuneration package should increase Lotto commission considerably, particularly with rising Jackpots at greater frequency
• Favourable 131 M2 lease terms with 5-year option
• Nextra Branding Support
• Diverse tenant mix in centre
• Loyal and engaged local community which could be leveraged for store loyalty schemes
• Untapped potential for dedicated new management
• Fully compliant Golden Casket and Lotto fit-out

The Sellers are wishing to concentrate on other business interests, and therefore have priced the business below the replacement fit-out cost. Working couples and extended families are urged to secure their future NOW, and inspections are welcome!

For Sale

Property Type

Retail

Inspection Times

No inspections currently scheduled.

Agent

Barrier Reef Business Brokers
Cairns
146 Grafton Street Cairns, QLD, 4870
View Agency Profile

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