High performing newsagency SOR
Lotto sales in excess of 4.6 million PA
Consistently ranked in top 12 in WA for lotto sales out of 550 plus retailers
About the Opportunity
Get the satisfaction out of being your own boss with full support from a highly successful newsagency franchise.
Located in a prime position in a busy shopping centre, this business boasts attractive lease terms, plenty of footfall and repeat custom. There are no other newsagency businesses or gift stores in the shopping complex, resulting in market domination.
Substantial sales are seen across all parts of the business – lotto, stationery and gifts. The impressive shop frontage and ample floor space allows for enviable eye-catching displays, drawing customers in to purchase high margin gifts. This business has strong financials, a long trading history and has increasing profit.
Best yet, this newsagency is consistently ranked in the top 15 performers out of 550+ WA lotto outlets!
All procedures, systems and marketing strategies are already in place, allowing you to step in today and start making money tomorrow. No experience is needed and full training and support is provided.
If you are ready to work for yourself and want to minimise your risk with a business model that has a proven track record of success, get in touch with SOT Business Brokers today.
Business Highlights: - Prime location - Growing profit margin - Consistently ranked in the top 15 performers of approx. 550+ WA lotto outlets - Lotto turnover approx. $4.6 million per annum - Exceptional gift sales with high profit margin of approx. 125% - Strong cards, magazines and stationery sales - Attractive lease terms with recent rent reduction of approx. $11K per month