This easy-to-operate business is an impressive Lotto kiosk that has demonstrated solid financial performance for the past 16 years. It is a profitable business, positioned in a highly exposed location, perfect for motivated purchasers seeking a resilient and lucrative source of income!
*$72,000 PW takings
*Shopping centre location, Anchored by major Supermarket
*Big sized Kiosk with modern fit-outs and Office at the back
*Diversified revenue streams
*Long 8-year lease
*Currently ranked #34 in VIC
*Anchored by major Supermarket
Sanjay Agrawal and the team at LINK Melbourne are thrilled to present a highly profitable lotto operation to the market.
The business has been operated by the same owners for 16 years and has consistently demonstrated a solid performance within the TattsLotto franchise in fact, it’s currently ranked #34 in Victoria! The business has sold 37 first division entries in the past and that’s why it is very popular Lotto outlet.
It is strategically positioned within a bustling shopping centre, in proximity to retail and hospitality establishments (and right nect to a major supermarket) and as such it’s exposed to high volumes of foot traffic daily.
It was priced at $1.4M but is currently on offer at a much lesser rate due to COVID-19. This offers purchasers an opportunity to take advantage of the industry’s rapid revenue recovery of 25 to 30% this financial year alone.
With a long lease and a perfect position this is one of the simplest and easiest-to-operate businesses in the market!
The time is now so contact us for more details.
Listing ID: 16722
Broker: Sanjay Agrawal
Phone: +61 3 9819 4211 / +61 402 023 502
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/16722
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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