A highly profitable lotto kiosk in Melbourne's inner city is available for acquisition. The business benefits from a steady flow of customers due to its strategic location within a shopping centre, proximal to major retailers. It has minimal operating costs and an adjusted net profit exceeding $200,000 per annum. Perfect for a husband-and-wife duo or first-time purchasers, this business is set for continued success.
*Inner-city shopping centre location
*Weekly sales of $40,000
*Minimal staffing required
*Proven success for about a decade
*Cheap rent at just $35,360 per annum including outgoings
*Long Lease
*Easy-to-operate business
*6-days! Short hours
Sanjay Agrawal and the team at LINK Melbourne are thrilled to present a sought-after lottery kiosk in South Melbourne to the market. Established in 2010 and under current ownership since 2017, this lotto kiosk has a net profit of $215,000. With its prime location within a shopping centre with major retailers, the business has become a go-to destination for lottery fans within the suburb.
Occupying a compact 16 sqm space, the kiosk is proximal to a major supermarket, ensuring steady customer flow. The minimal rent price of $680 per week, including outgoings, makes it an attractive business opportunity.
Currently operated by the owner, the kiosk has minimal staffing requirements, keeping operational costs low. The business operates six days a week and is closed on Sundays and Public Holidays.
With its longstanding operations and a solid social media presence, the business is in line for further success under new ownership.
This lotto kiosk is an ideal business for first-time or experienced business owners seeking to leverage its proven success.
Listing ID: ME03060
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: sanjay.agrawal@linkbusiness.com.au
Ref: ME03060
Timestamp: 20241112040003
