Price
$260,000
Profit *
$110,000
Sales Revenue
$220,000
Location
Manningham City, Doncaster East
Category
Retail, Newsagency
Listing #
ME03333
An excellent opportunity to acquire a well-established Tatts Lotto agency combined with a popular gifts and variety retail business, located in a thriving shopping precinct in Melbourne’s eastern suburbs.
This business enjoys an outstanding position within a busy local centre anchored by a major national supermarket, surrounded by complementary retail, hospitality, and service businesses as well as major car dealerships. A huge car park directly in front ensures convenient customer access and consistent high foot traffic.
Key Highlights:
*Strong Tatts Lotto commissions
*Low rent with a long 10-year lease
*Simple operation, ideal for an owner-operator or couple
*Excellent location on a main arterial road with heavy passing traffic
*Supported by a strong, high-income residential area
*Great potential to grow through improved product selection and customer engagement
The surrounding area is well-connected by an extensive bus network and offers quick access to the Eastern Freeway.
Stable income, great location, and solid growth opportunity – this business ticks all the boxes.
If this opportunity sounds like the right fit for you, we encourage you to register your interest early, as businesses of this calibre attract strong demand. Please complete the confidentiality agreement to access further details.
Listing ID: ME03333
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.
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