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 and Aldi, with excellent facilities, plenty of parking, and steady, high-quality foot traffic.
Customer Base
- Mainly serves local residents from the surrounding community
- Large number of loyal repeat customers purchasing lottery products and gifts
- High customer stickiness with established buying habits
- Not reliant on short-term foot traffic or tourism markets
Business Overview (Approx.)
- Lottery commission income: ~$272,000 p.a.
- Gifts retail revenue: ~$168,000 p.a.
- Greeting cards retail revenue: ~$138,000 p.a.
• Staffing: 5 employees wages approx. $180,835.00(owner not involved in daily operations)
• Rent increases 4% annually
• Shop size: approx. 160 sqm
• Lease term: 2027
Stability & Risk Profile
- Proven, mature managed business
- Long-standing local operation with a stable reputation and strong customer base
- Suits stable cashflow investors, high-involvement operators buyers, work for yourself and keep the labour savings as your own income.
Asking Price： $219,000 including stock
Enquire now for further details.
Ref: 1705 | Lutwyche
