Ellis Corporate Phone : (08) 93 ****
Peter Marinovich
08 93 ****

0410 ****


Listing Id : 297310

Location : Western Australia -Perth

Category : Newsagency and Lotto, Retail, Gift

Asking Price : 495,000

Business description


During the virus lockdown, this business did not close its doors. It continued to trade as an essential service. And because of its broad product range, it was able to sell goods in big demand during the lockdown. These included products for people working from home such as home office supplies as well as leisure supplies such as arts and crafts projects for those wishing to keep busy during the lockdown.

The store is a leading Western Union agent. During the recent Covid 19 lockdown Western Union sales skyrocketed as customers sent money to distant relatives and friends that they could no longer visit.

The newsagency, which has a turnover of $5 million, enjoys the benefit of an amazingly good rental for a shopping centre of this size. Importantly, the franchise's highly experienced negotiator will help negotiate your lease.

And here's more really good news.

Lotto commissions received from Lotterywest was increased by almost 11% in the beginning of 2**** **** . That means your income from lotto will be TENS OF THOUSANDS OF DOLLARS HIGHER THAN BEFORE. This newsagency is one of WA's top performing lotto agents

The newsagency is located next to Woolworths in a fully-leased shopping centre with 100 shops, including Coles, Big W, Aldi and K Mart.

You will enjoy the backing of a Perth-based franchise group recognised as one of Australia's best in providing support to its franchisees. You will have access to a broad range of products that give you a price advantage.

That's not all – they'll organise sales promotions and ensure that your 18,000 Rewards Card customers receive your product catalogues.

The owners of this newsagency and lotto business continue to make a good living out of running it since buying the business in 20**** **** . Today it remains strong enough to deliver a handsome return to an individual and a good living for two partners.

This highly profitable Perth newsagency and lotto business is for sale at the negotiable price of just $495,000 plus stock of $130,000.

Don't delay – exceptional newsagencies of this quality are rare. Call Peter Marinovich of Ellis Corporate Business Brokers on**** **** or email [email protected],com.au

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