Summary
Established TattsLotto & newsagency in Melbourne’s eastern suburbs, generating around $200K p.a. Tatts commission. 6-day operation with Sunday closed. And very Cheap Rent
Location Details
Located in Melbourne’s established eastern suburbs, this well-positioned business services a strong local catchment and benefits from regular repeat customers.
Potential
Strong opportunity for an owner-operator to further grow this established TattsLotto and newsagency business. Potential exists to expand parcel services, increase the retail product range, introduce additional convenience lines and maximise the premises. With Sunday currently closed, there may also be scope to extend trading hours subject to purchaser preference and relevant approvals.
Skills
Straightforward retail business suitable for an owner-operator. Good customer service, basic retail management and cash-handling skills would be beneficial. Experience in TattsLotto or newsagency operations may be advantageous; however, an experienced retail operator should be well positioned to manage the business subject to applicable Tatts requirements and training.
Hours
6 days per week. Monday–Saturday. Approx. 8:00am–6:00pm. Sunday closed.
About the Business
An excellent opportunity to acquire a well-established TattsLotto, parcel and newsagency business in Melbourne’s eastern suburbs, combining several proven income streams within one easy-to-manage retail operation.
A key strength of the business is its strong TattsLotto performance, generating around $200K p.a. in commission. This is complemented by approximately $52K p.a. in parcel commission, plus around $64K p.a. in additional shop sales across newspapers, magazines, greeting cards and other retail products.
The diversified business model provides an incoming purchaser with multiple income streams rather than reliance on a single category. Operating 6 days per week with Sunday closed, the business provides an attractive structure for a hands-on owner-operator.
With an established customer base, complementary services and further scope to develop the retail offering, this represents an appealing opportunity for a buyer looking to acquire an established TattsLotto and newsagency operation.
Asking Price: $450,000 + SAV
For further information or to arrange a confidential discussion, contact:
Alex Sharma
Licensed Business Broker
Urban Nest Group
P: 0411 149 363
M: 0479 137 286
E: [email protected]
Varun Bhargava
Business Broker | Marketing Manager
Urban Nest Group
P: 0411 639 021
E: [email protected]
Urban Nest Group Pty Ltd
Better Way to Sell Your Business
www.urbannestgroup.com.au
Suite 329, Level 3, 98–100 Elizabeth Street, Melbourne VIC 3000
ABN 94 688 935 266
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