Tattslotto Subnews Gift Shop and Party Shop for Sale Commission $222K No competition Frankston Area

Tattslotto Subnews Gift Shop and Party Shop for Sale Commission $222K No competition Frankston Area

Price: Expressions of interest

Tattslotto Subnews Gift Shop and Party Shop for Sale Commission $222K No competition Frankston Area

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Khoa Pham

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Business Overview

Tatts Lotto, Newsagency, Gift Shop, and Service Hub for Sale – Southeast Melbourne A rare opportunity to own a Tatts Lotto and newsagency combined with a gift shop and additional services in a high-demand area near Frankston. Operating successfully under semi-management for 8 years, this business is on the market for the first time, offering excellent profitability and expansion potential. Key Highlights: - Strong Financial Performance: - Tatts Commission: Approximately $222,000 per year. - Additional shop income generates approx $100,000 in profit annually. - Affordable and Secure: - Situated in a spacious shop with reasonable rent and a long lease, providing financial stability. - Convenient Operations: - Open only 6 days per week, managed by two casual staff, allowing for a flexible work-life balance. Growth Opportunities: - Expand Services: - Add popular services such as dry cleaning, key cutting, flowers, helium balloons, novelty gift items, and computer/phone repair to diversify income streams and attract a wider customer base. - The area has no competition for novelty shops or tech repair services, presenting untapped potential. - Leverage Location: - Strategically positioned in a busy area with consistent foot traffic, making it an ideal location to introduce new offerings. Its buyer's responsibility to make any query and do their own due diligence before making any decision. Reason for Sale: The current owner is focusing on expanding other business ventures, creating an opportunity for a new owner to benefit from the established reputation and strong earnings. This is a perfect venture for passionate entrepreneurs or seasoned investors looking to grow their presence in the retail and service industry. Don’t miss this fantastic opportunity! Contact Shail from Melvic Business Brokers today to learn more and secure this highly profitable and versatile business.

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