Price
$550,000 + SAV
Profit *
$214,260
Sales Revenue
$2,189,255
Location
Kingston Inner City, Mentone
Category
Retail, Newsagency
Listing #
ME03300
This is a rare opportunity to secure a well-established, highly profitable and semi-managed Tatts lotto and sub-newsagency in the heart of one of Melbourne's most sought-after bayside retail villages.
*Premium corner position with unbeatable exposure and constant traffic
*Modern, well-presented fit-out – no upgrades required, walk in and start trading
*Semi-managed operation – ideal for investors or hands-on owners
*Outstanding profitability – netting over $200K p.a. with consistent trading history
*Part of a vibrant shopping hub alongside key establishments
*Diverse revenue streams: Tatts lotto, newspapers, magazines, gifts, cards & stationery
Located at the most prominent corner site in a very busy suburban shopping precinct, the business enjoys maximum visibility, easy customer access and strong community support.
Whether you’re an experienced operator or a first-time purchaser, this is an exceptional chance to own a stable, high-performing business in Melbourne’s beautiful Bayside region.
If this sounds like the right fit for you, please register your interest early as opportunities of this calibre attract strong demand. Please complete the confidentiality agreement to receive more information.
Listing ID: ME03300
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
