An outstanding opportunity to acquire a well-established Lottery, Newsagency and Convenience Store in a premium Melbourne CBD location.
Positioned on a prominent CBD street corner, the business enjoys excellent exposure opposite a major bank and is surrounded by corporate offices, retail outlets and a strong daily flow of professionals, residents and visitors.
The business generates approximately $155,000 gross lottery commission per annum (incl. GST), consistently achieved over the past three years, providing a stable income stream. In addition, it produces strong retail sales from a diverse range of high gross profit margin products, creating multiple revenue sources and enhancing overall profitability.
The attractive double-glass frontage store offers lottery products, drinks, confectionery, greeting cards, stationery, gifts, grocery items and dry-cleaning agency services.
Established for approximately 25 years and operated by the current owner for the past 7 years, the business is simple to manage, supported by loyal customers, excellent foot traffic and strong passing vehicle exposure.
Key Features:
*Prime CBD location on a prominent street
*Opposite major bank with excellent visibility
*$155,000+ annual lottery commission (incl. GST)
*Strong additional shop sales with high GP margins
*Consistent trading history
*Quality double-glass frontage fit-out
*Multiple income streams
*Loyal customer base and easy operation
*Trading only 5.5 days with short Saturday hours
Ideal for an owner-operator, husband-and-wife team or investor seeking a secure, established business with stable income and growth potential in Melbourne CBD.
Business Broker: Sanjay Agrawal
Ref: ME03520
Mobile: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03520
Timestamp: [Phone Number Censored]
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