
Racing and Wagering TAB179 Sale - New Upgrade For Sale
Licence Agreement 10 years plus an optional 5 year extension (established 2016)
Weekly owner/operator income $3800 - $4500
South Hedland TAB is located in the centre of town, stand alone building with Subway. Agency is a Service Level One (SL1) which derives income from betting and wagering through Racing and Wagering Western Australia (RWWA).
Current owners (100%) have decided it is time to move on giving another astute owner or partnership entry to own and operate this lucrative cash flow business.
As a TAB owner / operator (Agent), you have purchased the rights to run a TAB establishment in order earn a commission from the sales of pari-mutual and fixed odds wagers.
South Hedland's Agency is nestled next to Subway in a detached twin retail establishment, conveniently located at the heart of the towns CBD, directly opposite Charter Hall's South Hedland Square shopping Centre. The twin establishment is owned and fully maintained by Racing and Wagering Western Australia (RWWA).
Commissions are earned via ticket sales within your Agency, self-service terminals located within your Agency, Sales transactions through online TABTouch accounts connected to your agency and through customers using TABTouch accounts on their mobile devices within your agency.
As this business is a licence purchase, your only overheads are power, payroll, minor cleaning products, insurance and the replacement of televisions displaying TABText within the Agency.
RWWA provides the agent with all other requirements needed to operate the premises, as well as maintain the premises.
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price