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Lotto and newsagency for sale, Melbourne VIC

Photos: LINK Business Brokers

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About the business

A retail concept store and Lotto and newsagency in Melbourne, Victoria. The current owner has held it for 13 years. It runs 6 days a week with no late nights. The premises are 280 sqm in an inner eastern suburb of Melbourne, with newly completed fit-outs. The lease is 25 years. It sells curated gifts, greeting cards, wrap and ribbon, educational toys including Lego, games, books and stationery. It also has a baby department, high-end paper products, Tattslotto and Ticketek. The broker reports long standing relationships with international and Australian brands and a lack of competition.

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