Summary
Established Tattslotto & Newsagency in Melbourne's Inner West. Annualised Tatts commission approx. $120,000 p.a. Long lease, loyal customers and growth potential. Asking $199,000 + SAV.
Revenue
$120,000 pa
Location Details
Located within a busy neighbourhood shopping centre in Melbourne's Inner West. Surrounded by established residential developments, major retailers and ample customer parking, generating consistent foot traffic and repeat business.
Potential
This business offers significant growth potential through expanding retail product lines, introducing parcel collection services, increasing convenience store offerings and extending local marketing initiatives. The established customer base, secure lease and strong recurring Tatts commission income provide a solid foundation for future growth. An ideal opportunity for an owner-operator or family business seeking stable income with further upside.
Skills
No prior Tattslotto experience is required. Suitable for owner-operators, couples or family operators with strong customer service and basic retail management skills. Training and handover can be provided to assist with a smooth transition. Experience in retail, convenience stores, customer service or small business ownership would be advantageous but not essential.
Hours
Monday to Sunday. Standard retail trading hours. Flexible owner-operator management structure.
Lease
Lease to February 2031 plus two further 7-year options, providing excellent long-term security.
Employees
Currently owner-operated with support staff as required. Suitable for a family business, owner-operator or investor seeking a straightforward operation with established systems and loyal customers.
Reason for Sale
Vendor wishes to focus on other business and personal commitments. This presents an excellent opportunity for a new owner to acquire an established Tattslotto & Newsagency with strong recurring commission income, a loyal customer base and long-term lease security.
About the Business
An excellent opportunity to acquire a well-established Tattslotto & Newsagency located within a busy shopping centre in Melbourne's Inner West.
The business generates annualised Tatts commission income of approximately $120,000 per annum and benefits from a loyal customer base, consistent foot traffic and strong community presence.
Key Features:
• Annualised Tatts Commission Approx. $120,000 p.a.
• Asking Price $199,000 + SAV
• Secure Shopping Centre Location
• Lease to February 2031
• Two Further 7-Year Options
• Established Customer Base
• Easy to Operate Business Model
• Suitable for Owner Operators, Couples or Family Business
• Growth Potential Through Additional Retail Lines and Services
This business offers a solid foundation with recurring income and excellent long-term security. The location continues to benefit from surrounding residential growth and repeat local customers.
The secure lease structure and established systems make this a genuine turnkey opportunity for a purchaser seeking a stable business with future upside.
Confidentiality Agreement required before detailed financial information is released.
Contact Urban Nest Group today for further information.
Varun Bhargava
0411 639 021
[email protected]
Urban Nest Group
[email protected]
urbannestgroup.com.au
History
This established Tattslotto & Newsagency has built a strong reputation within the local community and continues to benefit from repeat customers and recurring lottery commission income. The current lease commenced in February 2024 and provides excellent long-term security with two additional seven-year options available. The business has operated successfully within a busy shopping centre environment and remains well positioned for future growth.
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