On offer is an exceptional opportunity to acquire a well-established lottery outlet and sub newsagency within a busy local shopping centre. This long-standing business offers a solid foundation for a new owner to capitalise on its potential.
*$3,120,000 PA takings
*Gross Tatts commission over $380k per annum
*Over 100% GP on Shop Sales
*7-year lease
*6-day operations
Sanjay Agrawal and the team at LINK Melbourne are proud to present this well-established sub newsagency and Tatts lotto business to the market.
A thriving Tatts lotto and sub news store is currently on offer for the 2nd time in 30years, providing an entry point into the lucrative industry. This business showcases consistent profitability, evident through its impressive average weekly revenue of $60,000.
Being strategically positioned right at the entrance of a bustling shopping centre, amidst a cluster of commercial establishments, including a major supermarket, this lotto outlet enjoys the advantages of a prime location with no competition. Additionally, ample parking in the vicinity ensures a continuous flow of foot traffic, further enhancing the potential for business growth.
The premises have been meticulously designed, creating a welcoming ambience that resonates with customers. Additionally, the well-established establishment is renowned for its exceptional track record of lotto winnings further enhancing its reputation. With an extensive selection of quality greeting cards and gift accessories which contribute to 90 percent of the shop sales, this business offers a high profitability. There is a huge demand for high end quality gifts, which can be added to significantly increase the revenues.
Overall, it presents an ideal opportunity for an aspiring new owner seeking a successful and established business. Take advantage of this excellent chance to enter and harness the industry's potential.
To learn more about this exciting opportunity, contact me today!
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: sanjay.agrawal@linkbusiness.com.au
Ref: ME02587
Timestamp: 20240530023004
