This business was first established several decades ago and has been in the hands of the current vendor for a considerable period of that time.
The business is situated in a prestigious near Adelaide CBD modern shopping centre with high level's of foot traffic coupled by a prime location within the Centre.
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 Qwner-Family-Partnership
REVENUE/SALES circa $1,543,764/$29,688
Lottery Commission circa $300,000 [stc]
GROSS PROFIT: $595,115/ 38.55%
EXPENSES: $to be advised
EBIT: $to be advised
RENTAL: $5,702 weekly
LEASE: Current to *
STAFFING: On Enquiry
HOURS: Shopping Centre Hours
<DOES NOT TRADE - SUNDAYS>
ENQUIRIES'
ADELAIDE BUSINESS AGENTS RLA 65455
