Summary
Price Reduced for Quick Sale. Rare opportunity to takeover Lotto Kiosk in busy neighbourhood shopping complex with ALDI as anchor tanent and other shops. Currently operating under management
Rent
$700 pw
Location Details
Lower North Shore, Sydney
Potential
- There is no tobacconist in the whole complex. Huge opportunity to add tobacco and increase sales and profit. There is huge demand for tobacco in this area.
- Expand/Diversify the product range and increase the revenue
- Introduce Western Union/Money Transfer as there is huge demand due high footfall of Asian community
- More space available to put spinners and add more items, Already approved by centre management.
- A hands on operator can easily increase the sales and increase the profit margin.
Skills
No Special skill required, Retails expecience will be helpful.
Full traning provided
Lease
7 Years , Started 2025
Reason for Sale
The current owner has multipe business and young family and is unable to manage multiple things at a time. The business currently running under management.
Must Sell as vendor is not able to dedicate enough time, All resonable offers considered
Amazing oppertunity for anyone looking for turnkey operations with almost new setup already operating profitably
About the Business
- Kiosk is at the entrance from the parking in the neighbourhood shopping centre which gives it a prime spot.
- Profitable from day one of operation since started 3+ months
- Secure 7 year lease in place with extremly low rent only $700 week.This rent is extermly low based on the prime location and neighbourhood
- Dedicated trained staff in place already and streamlined systems - true turnkey operation all effort already done
- Modern POS System to maximise output
- Full training and handover provided to new owner
- No tobaconist in the whole neighbourhood centre which makes this an amazing oppertunity to add tabocco and increase the sales and profit. Already customers are asking on regular basis for tobacco
- Cards, Confectionery, Stationary, and Education books already selling well and generating good source of revenue. Adding tobacco will increase revenue multiple times
- Kiosk has Cards area speratelty on the wall which is a rare offering
- Shopping complex has all key tenants such as ALDI, Fruit & Veg shop, Chemist , Cafe's and others to attract good regular customers
Diversified Revenue Streams (already in place)
- Regular Newsagency lines (Cards/Stationary/Confectionery)
Low Rent
- $36000 Anually (Outgoings and GST Included)
- Only Started 3 months ago and is profitable from day one and can be proven by lotto sales
Other Sales with high gross margin
- Cards, Confectionery, Stationary, and Education books already selling well and generating good source of revenue. Adding tobacco will increase revenue multiple times
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