Warrnambool & Port Fairy, VIC

BR1179 Tattslotto $250,000

OVERVIEW
Thriving Tattslotto agency located in the lovely seaside city of Warrnambool in Western Victoria. This is a genuine opportunity to secure a well known, easy to operate business as the vendors are looking to retire.

PRICE
Business: $250,000
Stock: $10,000 approximately
Freehold available: No

TURNOVER
2017 Financial Year: $1,828,324
Average weekly sales: $35,160

PROFITABILITY
Adjusted net profit: $110,810

LEASE
Term: 1 x 5 years
Commenced: 1/12/2015
Options 1 x 5 years

RENT
Per annum: $18,082
Per month: $1,506
Per week: $347

LOCATION
Shopping centre:

HISTORY
Established: 30 + years
Years operated by current owner: 2005 – 13 years

STAFF
Customer Servicer - Part time: 2
Owner 1: 50 hours
Owner 2: 20 hours

DAYS OF TRADE
6 days:

SETTLEMENT
Terms: 120+ days
Vendor assistance: 2 weeks before settlement


REASON FOR SALE:
Retirement:

For a confidential discussion about this business please quote reference BR1179

CONTACT:
Steven Boyd of Boyd Ryan Business Sales & Consultants
Mobile: 0417 120 249
Email: steve@boydryan.com.au
WEB: www.boydryan.com.au
Skype: bizbrokersteve (between 9:00am – 5:00pm Mon to Fri)

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