QV News and Lotto is a Victoria-based newsagency business with a lottery franchise that has been in operation for almost 7 years. The business is perfectly located in a busy shopping centre in the vibrant inner city of Melbourne.
The business offers various services including newspapers, magazines, cards, stationary retail, drinks, Tatts lottery franchise, dry cleaning, parcel pick up, and even gift and party items.
About the Opportunity
This is the perfect opportunity to acquire an established retail business in the bustling Melbourne CBD area. With Melbourne having the densest population in Australia, this business has a great market potential and a highly profitable opportunity not to be missed.
Despite having the full advantage of an emerging customer base and befitting from a long-standing one, the business’s capture is not strictly limited to locals. Thanks largely to the support of the Melbourne train network, the newsagency benefits highly from massive amounts of foot traffic on a daily basis.
With the current owners wanting to retire soon, they are looking for entrepreneurs wanting an easy-to-operate business that offers full advantage of a strong revenue stream whilst enjoying work-life balance.
One of the current owners is willing to stay for an additional month post sale, to keep the new owners up to speed about systems and operations.
The asking price includes all fittings, fixtures,computers (equipped with POS and retail programs).
Key Features of the Business
- A reputable Victorian business with 7 years of experience
- Consistent business demand and multiple revenue streams
- Diverse customer base
- Prime business location- inner city Melbourne
- A business with strong growth potential
- Secure lease agreement
Whether you are a first time business owner or an investor looking to expand your portfolio, this business is the perfect acquisition opportunity for you!
Do not miss out on this chance to be your own boss and own a profitable Melbourne business for years to come!
To organise a private conversation on how you can acquire this business, register your interest HERE