A fantastic chance to purchase a well-established managed newsagent lottery business in a mature community shopping centre in Brisbane’s north. The centre is home to major supermarket anchors including Woolworths, Coles, with excellent facilities, plenty of parking, and steady, high-quality foot traffic. Strong supporting amenities.
Business Overview (Approx.)
Lottery commission income: ~$308,229 p.a.
Gifts retail revenue: ~$93,167 p.a.
Greeting cards retail revenue: ~$45,763p.a.
Staffing: 6 employees (owner not involved in daily operations)
Rent increases by 4% annually
Shop size: approx. 100 sqm
Lease term to 2030
Long-standing local operation with a stable reputation and strong customer base
Suits stable cashflow investors, low-involvement operators and buyers
Asking Price: $219,000.00 including stock.
Enquire now for further details.
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