Absolute monopoly in a thriving Southwest Town. Servicing a growing town which has the Shire Of Capel offices located just across the road.
Easy travel to Busselton and Bunbury. Country living with big city amenities at its doorstep.
Land Buildings $614,000
Goodwill $142,000
Fixtures and fittings $7,500
Stock $35,500
Total Business $185,000
BUSINESS
The business has the only Lotto machine in town and generated commissions last year of $71,000 for the 12 months to 30th June 2023.
The lotto commission rate is going to rise from 10% to 12% on the 1st November so the future looks bright for this business.
The newsagency offers a full range of magazines plus the WA Newspaper. It is a Ladbroke agency and has an impressive range of greeting cards. The business sells the essential items that includes stationery and gift lines.
The goodwill has been assessed as simply 2 times commissions, ignoring the other business activities of Cards, Magazines and gifts.
Trading only Monday to Friday to 5pm and ½ day Saturday , opening hours are deregulated in the country so you can trade later and all day Sunday , the choice is yours.
PROPERTY
The property is in the Centre of Town on the main street of Forrest Road. It offers a shop front with a 3 bedroom, 1 bath home zoned in the scheme as DISTRICT CENTRE, offering many PERMITTED uses with council approval. These include, but not limited to
Art Gallery, Consulting Rooms, Exhibition Centre, Medical Centre, Restaurant/ Café, Shop, Veterinary Centre, even home occupation.
The seller wants to sell the business and property as a going concern. Interested parties who are wish to buy the property or parts of the business are encouraged to register their interest.
This is the country business you have dreamed of. With accommodation included this opportunity is ready to move in and make money from day one.
