Successful Lotteries & News agency

28 days ago

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Summary

Profitable business serving loyal customers for many years!

About the Business

***OPPORTUNITY #1***
This business was first established several decades ago and has been in the hands of the current vendor for most of that time. 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…

***"OPPORTUNITY #2"***
This business was first established in one form or another many years and has been in the ownership of the current vendor for all that time. The business is situated on the main road of a histroic Barossa township.
With a well performing lotteries agency selling OZ Lotto, X Lotto, Powerball, Keno & instant "scratchies". Selling’ newspapers, a comprehensive selection of magazines, stationery, greeting cards, giftware, gift vouchers and more, the business has consistently generated good returns.
Also has a “delicatessen” section which embraces another revenue
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 and high visibility on Angaston’s main street.
*Long established and highly regarded business in the Barossa Valley
* High performing lotto outlet
*Capacity for growth
* Business to suit a working owner-family model.

* Revenue/Sales circa $1,260,000/$24,240 {stc}
* Gross Profit: circa $
*Lotteries Commission circa $92,983/$1,788{stc}
* Expenses: $on enquiry
* NTPBT $on enquiry
* Rental $50,000 per annum {stc}
* Lease: a new 5+ 5 + 5-year lease will be offered
*Outgoings $ to be advised
*Area to be advised
*Staffing: #on enquiry
*Hours’ Monday to Saturday 730am to 600pm
Sunday 700am to 400pm
The store offers a wide range of products including:
• Stationery & Office Supplies
• Newspaper Delivery
• Magazines
• Greeting Cards & Wrap
• Giftware
• Lotteries Outlet
• Photocopying
• Laminating Service
• Parcel Connect
• Parcel collections
• Play Up Cash in facility
• Phone Cards & Recharge
• Books
• Souvenirs
• Purchase Bitcoin
• Anr [to be advised]

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