TATTS AGENCY AND ASSOCIATED LINES
PARTNERSHIP OPPORTUNITY
This thriving Agency, proven to be so even in this time of the CVirus, has been owned by the current vendors for around 12 years.
The Tatts sector of the business has been integral in providing a strong effect on the growth of the retail side of the business providing a regular customer flow and sales since the new Corporate Image Tatts shop-fit was installed at the entrance to the business premises.
This business has become well known for an extensive range of magazines, sub-news and other associated services for customer convenience and has traded exceptionally well, especially over the last 6 months as financials show
Whilst the store continues to evolve, so too does the Moonee Ponds landscape.
This shopping precinct has many new major retailers that do not compete, but all add to drawing very high foot traffic to this very popular shopping strip.
Additionally there is also many new developments occurring in the immediate area which will place new customers on the doorstep
A long lease is in place for security of tenancy
Adjusted Net Income for the current Vendor is in excess of $280K per annum, owner operated with experienced staff, however a partnership could earn at least a further $50K by saving on the extra staff wages.
ASKING PRICE $810K (PLUS SAV $150K)
Call Jocelyn Wilson 0408 604 070 or email: jocelyn@premierbusiness.com.au
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