Business & Freehold Incl Apartment

Business For Sale Latrobe Newsagency & Tattslotto, Latrobe, Tasmania 7307

Business Category Furniture Newsagency

$260,000

Description

Business & Freehold Incl Apartment

BUSINESS INVESTMENT $260,000 + Stock at value

Latrobe Newsagency is a long-established local business that has been owned and operated by the same family for 40 years.

Latrobe is a thriving typical small-town newsagent providing the local residents with all Lotto, newsagent services and products, including:

• Tattslotto agency
• Newspapers
• Magazines
• Greeting Cards
• Stationery & Office Supplies
• Giftware & Toys

Tattslotto have shown very strong growth in last 3 years and was recently ranked #8 in sales Tasmania in May.

Also acts as a local banking agency for Bendigo Bank and has a street front CBA ATM bringing in extra cash.

Experienced staff in place and owners willing to stay on managing if needed for a period of time.

Option to purchase business freehold and residential apartment at the rear of large block. Currently yielding a return of 7.5%. Recently refurbished.

All enquires treated in the strictest of confidence.
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Contact Seller
Chris Mitchell

Bsale ID: 561040
Broker REF: 6662201

The Finn Group
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