This business was first established in one form or another some "many years ago" and has been in the ownership of the current vendor for all that time.
The business is situated on the main road of a historic Barossa Valley township.
With a well performing lotteries agency selling OZ Lotto, X Lotto, Powerball, Keno & instant "scratchies". Selling' newspapers, a comprehensive selection of magazines, stationery, greeting cards, giftware, gift vouchers and more, the business has consistently generated good returns.
Also has a "delicatessen" section which embraces another revenue
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
> Includes smallish home delivery round
> Well positioned and high visibility on Angaston's main street.
> Long established and highly regarded business in the Barossa Valley
> High performing lotto outlet
> Capacity for growth
> Business to suit a working owner-family model.
Revenue/Sales:
circa $1,260,000/$24,240 {stc}
Gross Profit:
circa $
Lotteries Commission:
circa $92,983/$1,788{stc}
Expenses:
$on enquiry
NTPBT:
$on enquiry
Rental:
$50,000 per annum {stc}
Lease:
a new 5+ 5 + 5-year lease will be offered
Outgoings:
$ to be advised
Area:
to be advised
Staffing:
#on enquiry
Monday 06:30 AM - 06:30 PM
Tuesday 06:30 AM - 06:30 PM
Wednesday 06:30 AM - 06:30 PM
Thursday 06:30 AM - 06:30 PM
Friday 06:30 AM - 06:30 PM
Saturday 07:30 AM - 06:30 PM
Sunday 08:00 AM - 05:00 PM
EBITDA MULTIPLE - competitive valuation ' 2.50%
REF. RLA65455 Adelaide Business Agents.
