Location:
Kent Town 5067 > Adelaide - Greater > South Australia
Investment level:
P.O.A
Type:
Business
Industry:
Retail > Newsagency, Lottery & Post Office > Lottery
Profitable business serving loyal customers for many years!
***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…
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 br />
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 br />
*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
• "other" …
All fields are mandatory
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