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https://networkinfinity.com.au/en/listing/2852/For-Sale-Thriving-News-Agency-and-Gift-Shop-Business-in-Sutherland-Shire-Sydney
Profitable Lotto Retail & Gift Shop Business.
Located strategically in the heart of a bustling shopping center in Sutherland Shire, Sydney, this lotto outlet and gift shop is a prime business opportunity. Situated amidst various commercial establishments and a major supermarket, the shop benefits from a central location with zero competition. Ample parking ensures a continuous flow of foot traffic, enhancing the potential for business growth. Currently, the business is completely run under management.
The premises have recently undergone meticulous design, creating a welcoming ambience for customers with an extensive selection of quality greeting cards and gift accessories, contributing significantly to shop sales, the business boasts high profitability. There is a substantial demand to add high-end quality gifts, presenting an opportunity to further increase revenues.
Key Features:
- Average weekly takings of $38,000 per week approx.
- Profit per week under management $1,600 approx.
- Tatts commission over $200,000 per annum approx.
- lease till 2030.
- Completed renovate throughout with the latest lotto image.
- Nothing to spend with new upgrade point of sales systems and complete securty system/cameras installed.
The business offers a solid foundation for an aspiring owner to step into a successful and established venture. Seize this excellent chance to enter and harness the potential of the industry. Full training and transition support will be provided.
CONTACT AGENT Angelo Fournaris 0410 544 347 angelo@networkinfinity.com.au
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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 and the agent/broker 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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