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Tattslotto Newsagency for Sale | Inner East Melbourne | Owner Retiring

SELLING PRICE

$270,000.00

LISTING AGENT

Sam Razzak

OVERVIEW

  • Listing ID 1107
  • Price $270,000.00
  • Categories Newsagency
    Newsagency/Tatts

Details

Businesses for Sale in Victoria - Businesses for Sale in Melbourne - Tattslotto Newsagency - Less than 10 KM from Melbourne CBD


- Great Location .

- No Competition 

- Owner Retiring.

- Own this truly lifestyle business.

- Easy operation makes it very attractive.

- Only 6 days!

*Beautifully set up, currently running under one owner and casual staff.

*Growing commission (Appx $93K commission 2018-19) through Tatts with one terminal alone. Commission is increasing from 9.3% to 10.3% means potential $9K - $10K more commission next FY.

*Adjusted Net Profit $105,644 (2018-19, as per taxation and BAS)

*Weekly Rent  $1366 (ex GST)

*Long Lease 

Multiple Streams of Income 

Tattslotto, Newspapers/Magazines/Cards/Children's books/toys/ Myki, toll payment, courier pickup, bitcoin re-seller and much more!

Best Feature

Friendly repeat customers rely on this store to meet their everyday needs.

Specious shop 

Can be under management - Subject to Tattslotto approval

Sale Reason 

Reluctant owner wants to retire for family and health reasons.

Business Potential

Only 6 days. Can be opened 7 days with longer hours.  Tatts commission will increase considerably with a second terminal.

A BUSINESS WORTH LOOKING INTO AND FALLING IN LOVE WITH!

A business that will take you by surprise!

***EXCLUSIVELY LISTED WITH NETWORK INFINITY***

For more information or help on registering on our site 

please contact Sam on

0427 836 110

Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.




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