Summary
This is a well-established and well-respected business and is ready for new ownership to take it to the next level. Same ownership for the last 20 years! High SA Lotteries commission!
Revenue
$1,550,000 pa
Location Details
83 Fullarton Rd, Kent Town
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.
Has a well performing lotteries agency selling OZ Lotto, X Lotto, Powerball, Keno etc.
Potential
Why Buy
Prime location with consistent foot traffic
Fully fitted and compliant SA Lotteries Agency
Stable sales and experienced team
Strong customer base and local area presence
Great lifestyle business with support available if desired
Hours
Monday to Friday:
900am to 530pm
Saturday:
900 am to 500pm
Sunday:
Closed
Lease
On Enquiry
Employees
Working Owner
casual staff - as required.
Reason for Sale
Retirement
About the Business
This business was first established several decades ago and has been in the hands of the current vendor for most of that time.
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 circa $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…;does not trade on Sundays-but can
Why Buy.
Prime location with consistent foot traffic
Fully fitted cafe operational from day one
Stable sales and experienced team
Strong customer base and local area presence
Great lifestyle business with support available if desired
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