434 Vincent Street
West Leederville, WA 6007

This newsagency boasts a multi-million dollar annual turnover and benefits from an exceptionally favourable rental agreement for a shopping centre of its size. It has demonstrated resilience by remaining operational throughout virus lockdowns, trading continuously as an essential service. Its broad product range enabled it to meet high demand for essential items during lockdown periods and continue supplying products to the increasing number of people working from home, including home office supplies.

The store is a leading Western Union agent and is recognized as one of Western Australia's top performing lotto agents. Strategically located next to Woolworths within a fully leased shopping centre housing 100 shops, including a popular fruit and vegetable market, Coles, Big W, Aldi, Auspost, and K Mart, the business enjoys excellent foot traffic and customer access.

Backing the business is a Perth-based franchise group renowned nationally for providing outstanding support to its franchisees. This support includes access to a wide range of products that offer a competitive price advantage. Additionally, the franchise organizes sales promotions and ensures that the business's 18,000 Rewards Card customers receive product catalogues, enhancing customer engagement and sales opportunities.

Since acquiring the business in 2002, the current owners have maintained a profitable operation that supports a strong staff team. The business delivers a substantial return to an individual operator and provides a good living for two partners. This highly profitable Perth newsagency and lotto business is offered for sale at a negotiable price of $470,000, plus stock valued at $125,000.

Opportunities to acquire a top-performing newsagency of this calibre are rare. Interested parties are encouraged to act promptly to secure this exceptional business opportunity.