——General Description
Sydney Inner West shopping center Lotto kiosk, selling newspapers, magazines, cards, stationery, drinks, confectionery and giftware. - Lotto commission approx. $120k per year included in takings and growing - Sales are increasing every year. This business has an area of 25 sq. mts. and is in excellent condition.Excellent location in a shopping centre.

——Potential of the business

The Lotto Business has an good mix of business and domestic customers which is ideally suited to a husband and wife team or partnership.

Suitable for New Migrants seeking to build their solid and strong income.

——Skills

Small Business management skills are preferred but not essential.
Good customer relation skills are essential.

——Revenue

Lotto Annual turnover Approx. $1.32M in 2019, and Approx. $1.12M In 2020

——Lease and Rent

5 Year lease to April 2023 ; Fix 5% increase ;
Basic rent $1,200 p.w
Outgoing $98 p.w

——Hours

7 Days 8am to 6pm
Thur. 8am to 8pm

——Employees

Owner operating

——Reason for Sale

Owner wishes to retire.

If you are looking for a lifestyle change and want to achieve the perfect work/life balance, than this business is designed for you - work as much as you want or as little as you like.

Hurry up to contact listing agent for NDA form to receive more information.