Newsagency- Lotto- Lottery- Sports Products- Toys- Gifts and More - Massive Lotto Turnover $1.5 Million - Huge Growth Potential - only $250,000 plus SAV
Budgewoi is a past favourite holiday and retirement area on the beautiful Central Coast of NSW. It is only one and a half hours from the Sydney area and is on the point that separates Lake Munmorah from Budgewoi Lake and less than one kilometre to the Pacific Ocean. It is fast becoming the “new” growth area with younger families. It is a perfect spot for a Sea-change with the 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. Here, life is about relaxation and enjoyment! The newsagency has been operating with the same owners for 5 years. It is perfectly positioned in the Centre of the strip with Coles and Australia Post nearby.
Budgewoi Newsagency is exceptionally well-presented, neat, clean, excellent lighting with excellent back up computer point-of-sale equipment. In addition to our excellent Lotto/Lottery, newspaper and magazine offerings we have our new section of Giftware, Toys and Footy (seasonal products) for all clubs with current memorabilia products for fans young and old. Our Lifestyle presentation of current wants and needs such as Cards for all occasions, Gifts, Sporting items and Toys for all ages, All Stationery is presented in an excellent in-store environment that 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.
- HUGE Lotto turnover over $1.55M with commissions approx. $148,000 annually
- Rent is only $30,500 a year, $586 per week. Annual review CPI only
- Lotto pays the rent plus contributes a surplus of $2,250 per week toward salaries and other expenses.
- Only open 5 full days and two half days per week on Saturday and Sunday
- Tangible growth evident with development of our “different” social style offerings.
- 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.
This is a unique opportunity for any new owner with a bit of outside marketing flair. You have a massive head-start from the massive store-traffic generated by the store’s incredible Lotto performance. Currently there are over 40,000 Lotto transactions annually. If you could get these buyers alone to spend an average of only $2 per head, then you would add $80,000 to gross profits. This presents the greatest opportunity to increase turnover along with the rapidly growing, but already successful sales in Gifts and sporting memorabilia by introducing more Social Expression.
A Full Business Profile with financial details IS AVAILABLE NOW!