Lotto Shop and More

Auckland City

$325,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1bzwqmh



A Lotto shop in the news for all the right reasons, shop non lotto sales consisting of key worldwide brands $370k p/a with a gross margin of 40% based on 2017 figures in fully managed mode sellers discretionary income of 40k, one working owner 5 days (inc Saturday) $82k for working couple 7 days $120k p/a. Has 5 years remaining in the lease plus a renewal right for 8 more years.

Has HOP machine shows an income of 14k per annum in 2017 and has a strong following from hobbyist and collectors as this shop stocks and extensive range of collectable fun items of well known world brands.A new owner has opportunity to grow online sales develop the website and presence on social media. The buyer will need be trained and approved by the Lotto Commission. Vendor will give extensive assistance including know how and contacts with key suppliers.

Strict confidentiality applicable. Details only in person to prequalified finance approved buyers. For an appointment please look up http://www.linkbusiness.co.nz/EL00910 click on "ENQUIRE NOW" to complete on-line confidentiality. Contact Neville Choksi M 0210599519 DDI 09 5556038 E neville.choksi@linkbusiness.co.nz

Reference: EL00910
Ref: EL00910
Timestamp: 20170922054523

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