For Sale by Owner
Kishor Somani Phone : 0435 99 ****

Established Newsagency and Tatts lotto Business for Sale - Perfect Location - In Large Shopping Complex - turnover in Excess of $1,123,000 - only $90,000 + stock

Listing Id : 277651

Location : Queensland - Brisbane -Brisbane

Category : Newsagency and Lotto, Retail, Gift

Asking Price : $90,000 + stock

Business description

Here is an amazing opportunity to be the owner of this well-established newsagency and lottery business situated in a thriving shopping centre in North Brisbane. It is ideal for an owner-operator or family and is fully set-up and functional that promises excellent returns. This business is all ready to go, and a new owner can walk in and start producing turnover from day one.

Located in a busy shopping complex in North Brisbane, this newsagency and lottery business has huge potential to grow even further. Prime Location next to Coles which provides huge walk by traffic daily during opening hours.  Also, there is a busy Medical Centre in the shopping centre, which is open from 6.00 am to 10.00 pm.

This businesshas everything in place selling newspapers, magazines, greeting cards and wrap, stationery,  giftware, gift items, games,Lottery products including Golden Casket, Powerball and Instant tickets, and additional merchandise items that are regular purchased by loyal customers. It has recently added new lines like Ice Creams, Smokes, Lollies, Confectionery, Ladbrokes, Coin Jar, BlueShyft, NewsCorp, Bill Pay, Ice Bags, and much more.

Recently introduced are Customer Reward Cards for Lotto and Greeting cards resulting a steady increase to the customer base. People from near and far suburbs come specially to get the benefit of the Reward Card Promotions. There are 4 gaming machines that create a regular revenue plus a parcel service for TNT and Toll which customers love.

As of August 2019, the commission of Lotto has increased providing even greater revenue from lottery sales. This newsagency is ideal for a buyer who is seeking a new sea-change and the opportunity to expand a business to its full potential. This business will not last long so don't miss out.

Features of this Business:

  • Perfectly located in main shopping complex in North Brisbane
  • Operating for over 10 years with a very large and loyal customer base
  • Turnover in excess of $970,000 annually for Lotto and $153,000 for News Agency
  • Amazingly Low Rent, around $2350 a month, including outgoings.
  • Current year profit is in excess of $1**** **** ,000 compared to $85,000 for last 2 years average.
  • Outgoing owner willing to train the buyer for a smooth transition

This is a genuinely unique opportunity to purchase this thriving newsagency and lottery business and be your own boss and live the lifestyle you always wanted. If you're looking for a new change in life, this is the answer. This will not last long so please get in early by calling the number above TODAY!

 

 

 


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