Summary
Newly eastablished outlet just over 2 years already doing $1.7 million in lotto sales in first 12 months ,with more improvement for this 12 months. 80 sqm shop lease & outgoings $5,400 monthly
Revenue
$1,900,000 pa
Rent
$5,400 pa
Expenses
$160,000 pa
Net Profit
$120,000 pa
Location Details
2 Redwood Avenue, Kanup
Located in local shopping centre ,in prime location opening up onto a very busy Woolworths and in up and coming suburb with 4,000 more houses currently being being built .There is only 4,000 house now
Potential
This business is the most potential in the state with 4,000 house currently being built which will double turnover in 2 years
Skills
No previous skills required as Lotterywest will provide all training as will we
Hours
8 6 MON - FRIDAY
8- 5 SATURDAY
11- 2 Sunday optional you can do hours you want thats what we do
Lease
80sqm shop $5,400 per month including outgoings + gst . 7year lease with 5 remaining + option
.
Employees
2 employees family as staff , only need 1 person at a time
Reason for Sale
Set business up from new ,have new venture in Mandurah starting in September
About the Business
Business has Lotterywest products,gift range ,cards ,papers ,magazines,stationary ,plenty of room for improvement to be added with new owner ,phone credit,ink cartridges ,cigarettes drinks ,confectionary all at your discretion . Centre is an up and coming young family demograph
.This centre is unique as already has good turnover and has lot of potential with so many people still to come to area
History
Karnup shopping centre has been her for 6 years and Lotterywest licence granted for December 2023 opening
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