Grove Cards and Gifts
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
About the Opportunity
The business has a great reputation within the area as a lotto outlet
that has been the ticket seller of many winning tickets. The shop also
draws a strong
customer base for its diverse and unique giftware range which
operate at high profit margins and add significant additional profits to
Excellent Turnover and Profits
Over $2.5 Million in turnover p/a
Top 6% in lotto sales in NSW
Over $200,000 in lotto commissions - for 4 years straight.
The business produces strong profits especially when related to the
number of hours that the owners work in the business. These profits
allow scope for
a new owner to run and manage the business however they like to
maximise lifestyle or maximise profits.
The business is ideally located in Warilla Grove Shopping Centre. The
centre caters for your everyday shopping needs in providing a varied
mix of specialty
stores complimented by Woolworths & ALDI Supermarket. There are
over 560 car parking spaces with easy access to the one level shopping
The business has a simple but effective fitout that works effectively
to position the customer close to impulse buying opportunities which
‘share of wallet’ for the owner.
Opportunities for Growth
The business has numerous opportunities for increased profits through
the introduction or increased stock such as NRL gifts, Gothic style
giftware, stationary and cards that will continue to grow the
business and increase profits.
The rent in the centre is reasonably low especially when compared to the lotto and other sales generated by the store.