Newsagency Lottery Sports Toys Gifts And More Massive Lotto Turnover $1.78 Million

Business Sold Budgewoi, New South Wales 2262

Business Category Other Retail

SOLD

Description

Newsagency Lottery Sports Toys Gifts And More Massive Lotto Turnover $1.78 Million

UNDER CONTRACT

This business has taken the conversion road to producing excellence in specialist retailing.

Budgewoi is a past favourite holiday and retirement area in the Central Coast, one and a half hours from the Sydney area. It is fast becoming the "new" growth area with younger families. It is a perfect spot for a Sea-change with a pace of yesteryear and the facilities of tomorrow.

Budgewoi strip Shopping Centre boasts most, if not all, the convenient shopping headed by a large modern Coles Supermarket, Butcher, Cafés, Hairdresser, Chemists, Post Office, Fishing Tackle Store, Real Estate, Dental Practice, Doctor's Surgery and many more retail stores.

The store has managed transition in retail enough to take the initiative to go "Retail Only". This has enabled different hours for opening therefore less staff and more savings in wages and general expenses.

This transition from yesterday's News to the future has commenced and is ongoing.

Already changes included in the retail offer have included Gifts and combined with Cards make a statement by encouraging more Social Expression. Designer team memorabilia footballs for all teams, from the Roosters to the Storm have been introduced.

Stationery presented in an excellent in -store environment is a great base to build upon for the incoming generation of the "new" Budgewoi home makers. The opportunity to purchase a winning ticket in The Lott! caps off a wonderful experience with syndicates on offer every day.

This represents a great new beginning of exciting retail presence in a large store with all the best of business equipment Point of Sale and other amenities.
A great environment to work in, great facilities and many opportunities including an expansion to on - line shopping (if this is your inclination).

Features include:

• HUGE Lotto commissions $164,356 with shop rent only $30,475 p.a.
• No Deliveries- open 5 full days and two half days per week on Saturday and Sunday
• This area has a solid community base of retirees being replenished with new, younger, enthusiastic families building a community lifestyle for future years to come.
• Owners currently only work Monday to lunch time Friday. Every weekend off.

The current owners are seeking to retire, having done the initial "hard yards" now wish to pass the "baton" of their success to new runners.

A Full Business Profile with financial details IS AVAILABLE NOW!
Contact Seller

Bsale ID: 525069
Broker REF: CCA168

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