About the Business

This well-established Newsagent & Tobacconist in Broadmeadows has been operational for 12 years and derives annual takings of $2,832,232.

*Operational for 12 years
*Annual takings of $2,832,232
*Located in a busy shopping strip
*All equipment is in excellent condition
*Strategic location
*Ample 60 sqm premises

Nick Kolaitis and the team at LINK (Melbourne) are thrilled to present a longstanding retail and news agency in Broadmeadows.

The business has operated successfully for 12 years. It specialises in Tattslotto, sub-news services and tobacco sales, achieving annual takings of $2,832,232. This total includes Tatts sales of $1,568,940 and shop sales of $1,263,311, excluding GST.

Renowned for its strong performance and exceptional customer service, this business is proudly operated by a single owner. The spacious 60 sqm premises come fully equipped with essential features, including benches, shelves, display counters, an ATM, a safe, and a cigarette cabinet. With all equipment in excellent condition, this operation represents a prime investment opportunity.

The agency is located in a shopping strip, which benefits from high-volume traffic and ample customer parking. It operates from Monday to Saturday, 7:00 am to 6:00 pm and is closed on Sundays and public holidays.

There are significant growth opportunities, such as adding services such as Western Union and Uber. The owner is selling the business due to retirement, making this an attractive option for potential buyers looking to take over a thriving operation in a vibrant community.

Listing ID: ME03070
Brokers: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]
Ref: ME03070
Timestamp: 20250226020004