An exceptional opportunity to acquire a highly profitable, established Tatts Lotto business with an additional newsagency retail operation, located in Melbourne's sought-after Bayside area.
With gross Tatts commissions approaching $200,000 per annum, annual shop sales exceeding $550,000 and adjusted profits of more than $250,000 per annum, this business offers an outstanding income opportunity with attractive lifestyle benefits.
Key Business Highlights:
- Adjusted Profit Exceeding $250,000 [Web Link Censored].
- Tatts Commissions Approaching $200,000 [Web Link Censored]. - providing a substantial recurring income stream.
- Shop Sales Exceeding $550,000 [Web Link Censored]. - adding further revenue to the business.
- Long Lease Until 2041 - offering excellent long-term tenure and security.
- Double-Shop Premises - providing generous floor space and flexibility.
- Attractive Trading Hours - operating 6.5 days per week, with only half-day trading on Sundays.
- Potential to Sublease Approximately Half the Premises - creating an additional rental income opportunity and further enhancing returns.
- No Tobacco Sales - avoiding the additional operational and compliance requirements associated with tobacco.
The combination of strong lottery commission income, established retail sales, excellent profitability and relatively short trading hours makes this an attractive proposition for an owner-operator, couple or investor.
The opportunity to sublease part of the premises offers further potential to improve the overall return.
A rare opportunity to acquire a highly profitable Tatts Lotto business with substantial recurring commission income, proven earnings, long-term lease security and genuine value-add potential.
Business Broker: Sanjay Agrawal
Ref: ME03573
Mobile: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03573
Timestamp: [Phone Number Censored]
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