NEWSAGENCY LOTTERY BUSINESS FOR SALE
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Located in a smaller, well patronised shopping centre, this long established business generates excellent revenue & profitability for the owners, suiting a husband and wife team and needing minimal staff.
The business is more than just a newsagency as it also has an agreement with Aust Post to be the parcel drop off point for the area which brings more customers into the store. It is also a Lottery West agency, Ladbrokes agency, Coinjar & Bitcoin agency, a dry cleaning agency, an agency for DHL, Courier Please & TNT and also an agency for Soda King canisters.
It's ranked quite high in terms of Lottery sales in the State and has been one of the biggest sellers of the Sunday Times in the Southern region. The business has a high retention of clients who frequent the store and enjoy the opportunity to purchase papers, journals, lottery, giftware, confectionary, soft drinks & cigarettes etc.
Excellent cash flow. Financial year 16 revenue was in the vicinity of $260,000 per month. Adjusted business profit has increased each year over the last 4 fiscal years.
Worthy of inspecting, asking price has been reduced to $475,000 plus stock of approx $50,000.
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