This stunning business was first established several decades ago and has been in the hands of the current vendor for most of that time...say the last 20 years.
The business is situated in a prestigious near Adelaide CBD modern shopping centre-precinct with high levels of foot traffic coupled by a prime location within.
With a well performing lotteries agency selling OZ Lotto, X Lotto, Powerball, Keno & instant "scratchies", they are consistently ranked among South Australia's top lotteries agencies.
Selling newspapers, a comprehensive selection of magazines, stationery, greeting cards, giftware, gift vouchers and more, the business has consistently generated good returns.
This is a well-established and well-respected business and is ready for new ownership to take it to the next level.
> Long term customer loyalty established
> Well positioned in a modern shopping centre
> High visibility in a busy mall
> Long established and highly regarded business in the market
> Top performing lotto outlet
> Capacity for growth
> Business to suit a working owner-family model.
* REVENUE/SALES $1,543,764/$29,688
* GROSS PROFIT: $595,115/ 38.55%
*Lotteries Commission irca $250,000-$300,000
* EXPENSES: $on enquiry
* NTPBT $on enquiry
* RENTAL: $296,523/$5,702
* LEASE: Current to 2028
*STAFFING: On Enquiry
*HOURS: S/Centre Hours
Enquiries'
o admin@adelaidebusinessagents.com.au
o 0417 859 190
