Location:
Melbourne - Greater > Victoria
Investment level:
$460,000
Type:
Business
Industry:
Retail > Newsagency, Lottery & Post Office > Lottery
Excellent opportunity to acquire a thriving Tatts outlet in a prime location with easy access and ample parking, adjacent to a bustling shopping centre and large market, ensuring heavy foot traffic.
Southeast
- Current owner successfully operating from 2022. Prime position on a busy main road, near major shopping centre and market.
- Long lease more than 10 years remaining, a very large shop space includes 3 private car parks.
- Strong and consistent trading history with steady growth year-on-year. The Tattslotto segment continues to show an upward trend, complemented by solid and reliable shop sales. The business demonstrates resilience and stability, making it a secure investment.
- Low Overheads, weekly rent only $702, supplemented by sublease income from 2 bank ATM, a crypto & monitor, Western Union, Ria Money and various services, almost no overheads.
- Huge opportunity to increase revenue by expanding product lines and enhancing customer offerings.
- Keen vendor selling due to family reasons.
Tatts commission of $136,000 p.a.
shop sales averaging $18,000 p.w.
Asking Price: $460,000 + stock
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