Large Tattslotto Kiosk for sale with annual commission arounds $400,000

2 days ago

Private Seller

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Summary

Open 6 days. Moderate open hours. 3 terminals. Newly renovated, busy traffic. Simple operation with reasonable rent. Plus WU remittance, phone card recharge and more potentials. For sale $670,000.

Revenue

$33,000 pm

Rent

$7,900 pm

Expenses

$17,000 pm

Net Profit

$16,000 pm

Location Details

3k8, 23-55 McCrae St
Located in Southeast District Victoria
In a large shopping mall. Close To WWC and Coles supermarket and food market and lots of other shops.

Potential

Located in Southeast District, in a large shopping mall;

Open 6 days, moderate business hours, 3 terminals, huge room for performance growth;

Newly renovated, good location, busy traffic;

Annual commission is nearly 400,000, simple operation, no inventory pressure, typical husband and wife family business;

Reasonable rent.

Skills

Basic retailer busienss experience and skills.

Hours

Open 6 days with normal shopping centre busienss hours

Lease

5 years renewable standard shopping centre lease with reasonable rent CPI(4%) increase rate.

Employees

1 Part time staff works with owner.

Reason for Sale

Owner has been in business for 10 years, retired and selling.

About the Business

Large Tattslotto Kiosk for sale. Annual commission arounds 400,000.

Located in Southeast District, in a large shopping mall;

Open 6 days, moderate business hours, 3 terminals, huge room for performance growth;

Newly renovated, good location, busy traffic;

Annual commission is nearly 400,000, simple operation, no inventory pressure, typical husband and wife family business;

Reasonable rent;

Plus Western Union remittance, phone card recharge, and more potential for more business opportunities.

Owner has been in business for 10 years, retired and selling.

For sale $670,000.

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