Lucrative Seaside Business and Freehold Commercial Property

Walk In, Walk Out! Business, Stock and Freehold Commercial Property all in one attractive package.

This lucrative and very successful local business and freehold in a growing country town by the seaside is now for sale. This is the ONLY newsagency in the area!

Conveniently situated in the main street of Cooktown, this well-established business has diversified over the years, now offering much more than just the usual newsagency products and is an integral part of the community with the opportunity to continue growing.

Change your life for the better and be part of this great seaside town with easy access to the Great Barrier Reef and amazing fishing, enjoying a great income and lifestyle. Country living and a solid successful retail business servicing the locals and the growing tourist trade. With only a few owners in its whole history, each owner has become an important part of the town, ensuring you will be quickly introduced throughout the region and able to enjoy the welcoming country nature of Cooktown and surrounding areas.

Summary

An amazing Newsagency that is the heart of the community with six-figure returns, can be run with minimal staff and is perfect as a family-owned/operated business. This is an ideal opportunity for a first time or experienced newsagency operator.

About the Business

This investment includes the masonry block building the business is located in and Freehold land with approx. 200m2 vacant at the rear of the building, large enough for a residence and/or shed. The business would suit a couple, family or business partners who are looking to invest in a business with good hours and work environment where you can be your own boss and own a piece of paradise. This is your opportunity to take on a well-established business and make it your own. Shop sales are easy with one Lotto terminal, 2 cash tills, and one Instant Scratch It display cabinet featuring a high range of Scratchies from $1 through to $20. Stock is included in the selling price. 

Included in the shop is an office, and an onsite amenities which has recently undergone an upgrade.

The business operates 5 ½ days a week by owners choice. Extended hours are possible.

Products

Lotto Agency with Digi Pos up to date till 2031

NewsXpress affiliation

Newspapers and Magazines

Greeting Cards and Wrapping Paper, Ribbons, Bows

Stationery and Office Supplies

Giftware, Toys and Art Supplies

Back to School items

Servicing 3 sub-Agents with newspapers and magazines

Great Staff

Currently owner operated with the assistance of 3 junior part-time employees working after school, Saturday mornings and school holidays, and 1 senior part-timer. Current owners have trust and faith in the staff to be able to run the store allowing them to have the weekends off or take a holiday.

Potential

Offer new products and expand on the products in store. Offer new services to the community. Set up Click and Collect. Start a paper delivery run. The ideas are numerous.

Skills

A love for retail and people, and the desire to have a chat. People still value old-fashioned service and being looked after, especially in beautiful country towns like Cooktown.

Reason for Sale

After building the business up to its current potential, the owners are ready for their next challenge and would love to pass the business onto new owners with fresh ideas and drive.

For sale also, at an extra price, the owners are offering a modern 3-bedroom, 2 bathroom home making this the perfect package for a buyer wishing to relocate.