Link Business

Lotto Shop, Simple Operation, Stable Income

$40,000HamiltonListing: #BPW00580


$40,000


$35,000


Refer to Broker


Hamilton businesses for sale 

Retail General businesses for sale


About this business for sale in Hamilton

Lotto Shop, Simple Operation, Stable Income


A well established Lotto shop in a busy shopping district is now available to purchase - first time on the market.

The business is currently operated under one working owner with a great potential to be developed into a retail shop with better profitability.

  • More than $8,000 of lotto sales a week (including GST).
  • Around $1,500 weekly of non-lotto sales (plus GST. Gross margin around 50%).
  • Annual rent is $22,500 plus outgoings and GST.
  • Returning a full time wage to the working owner. 
  • Cash surplus may be doubled or more if a good business plan is in place.
  • Motivated owner wants out. Any reasonable offers are welcome.

Are you looking to work in a great entry level investment? 
Please contact the listing agent Paul Lu for more detailed information.

 

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Waikato
paul.lu@linkbusiness.co.nz
+64 7 579 4994
+64 21 047 4988

Paul Lu

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.