211 Manifold Street, Camperdown, VIC 3260

211 Manifold Street, Camperdown, VIC 3260 Business Opportunity with the option of Freehold

The vendors are wanting to retire and with the sensational value of this business, that's exactly what they will do!

Located in the thriving and picturesque township of Camperdown, here is your chance to invest in your future; make the tree-change and run your own business.

THE BUSINESS:

Being offered for sale plus SAV, this business presents a wonderful opportunity for a savvy new owner.

Situated in a high exposure location and tightly held by the same owners for the last 19 years with a highly experienced team of staff, this successful business is the only Tattersalls agent in town. The business is also known for its wide range of stationary, cards, newspapers and gifts.

The LOTT (by TATTS) Licensing:

- Offering an excellent return, lotto commissions have recently increased to 12% = $2,500 per week total

- Complete with a sleek and modern up to date Tatts fit out

OTHER DEPARTMENTS:

- 25 % | Newspapers: With a regular and loyal customer base

- 30% | Magazines: Creating an easy to manage, versatile asset

- 30% | Stationery: Servicing both local businesses and members of the township / surrounding areas with returns recently increasing.

- 15% | Cards, Toys & Gifts Another Value adding, low maintenance asset. Based on the large freehold and extensive showroom floor space, the business allows ample room for additional or varied products

POTENTIAL:

In addition to the finely tuned, successful business complete with a loyal customer base, there is room to consider expanding the stationary stock or cartridge sales plus scope to streamline processes further by creating an online presence in the ever-modernising world.

THE PREMISES:

Freehold & bungalow (both negotiable)

The prominent shop front is located on the main thoroughfare of town overlooking the iconic Elm trees on the avenue. It comprises a spacious shop floor, large work spaces plus a private office, kitchenette/break room with excellent storage, 4 rooms upstairs which could easily converted into accommodation, walk in safe and rear staff parking.

A real showpiece is the recent addition of self-contained bungalow with rear street access. The bungalow is modern, stylish and versatile giving you or a manager the option to live on the premises OR generate more income by leasing out as accommodation.

OVERVIEW:

Priced to move, the well-placed and successful business and negotiable freehold and bungalow present a rare opportunity. Offering flexible lease terms and a lengthy handover period, this established business generates high turnover with excellent growth prospects to continue earning a generous positive income in the future.

The current owners are wanting to retire and are extremely motivated. Embrace the opportunity to be your own boss. Enjoy a tree change to the beautiful Western District or alternatively a local who can appreciate the potential.

For further information or to discuss business figures contact the agent today.