SOLD

LARGE SCALE TATTS RETAIL BUSINESS

Pakenham VIC
LARGE SCALE TATTS RETAIL BUSINESS

Last asking price $980,000

Sold June 2023

Located on the main street in Pakenham, this mixed business has been operating in it's current position for over 35 years.

The store is immaculately presented and offers 445sqm of prime retail space.  There is plenty of on and off street parking and a large amount of passing foot traffic.  The business is easily accessible by public transport with a train station at the end of the shopping strip.  The main street of Pakenham offers it's customers a wide range of services including a post office, banks, cafes, it is a busy shopping district with a large amount of passing foot traffic.

This business is currently ran under full staff management with little input from the owners.  There is a manger in place and a number of casual staff.  The net profit earnings for the owner operator are in excess of $500k per year.

•    Retailer of:
        - Sub-Newsagent
        - Magazines
        - Tatts (2 terminals)
- Intralot
        - Toys
        - Gifts
        - Home wares
        - Novelty items
        - Art Supplies

The owner of this business also has a second smaller Tatts Sub News store for sale in Pakenham, the net profit of this store is in excess of $130k per year.  Make us an offer on both stores and get two profitable Tatts businesses.

This business would be ideally suitable for a family or partnership.  It would also suit most immigration requirements.

For more information on this business, please contact Samantha on xxxxx.

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