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News/lotto T/over $1,745,047 (exl Gst)

Business Opportunity for Sale
Perth WA

GREAT LEASE GOVT OF WA - T/OVER $1,745,047ex gst NEW FIVE (5) YEAR LEASE WITH FIVE YR OPTION NEGOTIATED ON GREAT TERMS FAMILY FRIENDLY HOURS! GROSS TRADING PROFIT INCLUDING LOTTO COMMISSIONS $231,00

Sold

NEWS/LOTTO T/OVER $1,745,047 (exl GST)

Stock Included: No
Stock Value: 60000
Years Est:
Gross Revenue:



Great secure cash-flow trading many years successfully! Family will benefit from these low trading days Mon - Friday! Excellent sales split between lotterywest and other product lines allow for low staff/no staff if run by husband and wife team. This would be one of the best examples of news/Lotto businesses available for your Accountant to verify profitability.

This business has produced an adjusted net profit of $150K.

LOCATION:

Being located in the CBD precinct gives this business a captive audience. Major projects under construction in the near vicinity will provide further customer opportunities.

LEASE:

Lease terms and conditions are very favourable having the Government of Western Australia as the landlord (Public Transport Authority) a secure lease with a further five year option period is in place. Current rental rate equals approximately $540 per square metre, that is more in line with an office rental rate. I challenge anyone to come up with a similar rental rate in PERTH CBD in a major Bus/Rail transport hub!

STAFFING:

The business is currently operated by two family members without the need for additional staff. This is mainly due to the business trading Monday to Friday. 

OPPORTUNITY:

Being located at the bus-port and near the Central business district, will ensure this business has a continual stream of customer opportunities.

Ideal family business (Mother/Daughter or similar) providing excellent income combined with trading Monday to Friday.

OFFERED $390,000 + STOCK ESTIMATE $60,000

Genuine seller with a genuine reason for sale! 
Offers presented will be seriously considered!!

RARE OPPORTUNITY DON'T MISS IT!!
 
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