Gifts Shopping business for sale Dargaville New Zealand

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  • Present Owner Since
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Call Julie Now on:
+64 9 439 5786 (day)
027 290 3833 (evenings)
Listing #10765

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Lotto Shop & Gifts Business For Sale
Dargaville, New Zealand




Luckiest Lotto Shop in Northland

Dreaming of winning instant Lotto wealth?

Then head to Mags-n-More in Dargaville, Northland's luckiest Lotto outlet that has sold 16 Lotto and Powerball winners totalling more than $9.25 million in prize money.

News of the good fortune to be had at Mags-n-More has spread far and wide and people from all around New Zealand buy their tickets from this Lucky Lotto shop. As a consequence, commissions on Lotto sales ($86,962 in 2005-2006 and $74,147 in 2006-2007) are a consistent return to the owner.


Magazines, greeting cards and soft toys

Mags-n-More also sells a selection of popular books, magazines, greeting cards, gifts and soft toys. Turnover from this part of the business averages $1200-$1500 per week.

Mags-n-More has come on to the market because the owner has other business interests. It would ideally suit a new owner wanting a profitable going concern business in a beautiful part of New Zealand. It would equally suit an investor looking for a business to run under management, as Mags-n-More is currently operated by part time staff.

Highly successful Lotto franchise

The New Zealand Lotto network has more than 950 retailers based in major metropolitan areas, provincial cities, and rural towns. For most, their Lotto outlet is a complementary part of their core business. The Franchise offers Lotto, Lotto Strike, Lotto Powerball, Big Wednesday, Keno and Instant Kiwi games.


Lucky Lotto Shop selling tickets that win major prizes

The Lotto Franchisor http://www.nzlotteries.co.nz/ provides training, support, television, radio and other advertising material, stationery and equipment. The Franchisor requires in return that the Franchisee operates to the Lotto standard of high customer service and satisfaction, keeps set opening hours, and displays Lotto signage. The Franchisor must approve any Franchise application, there is an Establishment Fee of $5000, and the Franchisor charges a weekly Lotteries Service Fee.

Leasehold premises

Mags-n-More leases premises at 111 Victoria Street in Dargaville's Central Business District. The shop is well placed to attract passing foot traffic and there is ample parking along the street frontage.


Retail premises with staff facilities at the rear

The low maintenance building (concrete block walls and iron roof) has painted interior walls and carpeted floor. There is a separate office, a staff toilet, and ample stock storage space.

The lease is for 3 x 3 x 3 years and the current rental is $9396 per year.

Assets being sold

A complete list of all lessee fittings, fixtures and chattels is available to interested buyers. Main items include:

  • Counters, shelving, cupboards, floor coverings
  • Light fittings, air conditioning, alarm system
  • Refrigerator, microwave oven
  • Computer, phone, fax


Greeting cards and gift lines

Day to day management

Business Hours:
Monday to Friday - 8.00 am to 5.00 pm (8.00 am to 6.30 pm on Wednesday).
Saturday - 8.00 am to 7.00 pm.

Staff:
The business is operated by 3 part time staff.

Stock:
Stock at valuation will total $12,000-$15,000.

Suppliers:
Details of contracts with book, card, and gift suppliers will be provided as part of the business sale.

Advertising and Promotion:
Mags-n-More advertises through signage a cross the shop frontage and in local newspapers. Little other advertising is needed as the shop's Lucky Lotto status has spread far and wide by word of mouth.

Call Julie on +64 9 439 5786 (day) or 027 290 3833 (evenings)

About Dargaville

Dargaville, (population 4800), is situated on the west coast of Northland, just 2.5 hours north of Auckland and 45 minutes from Whangarei. Dargaville is the main service centre for the "Kauri Coast" and part of the Twin Coast Discovery Highway.

The town is located on the northern bank of the Wairoa River and was once an important river port, exporting kauri timber and gum. Today, visitors take day tours and fishing charters down the river to the Kaipara Harbour. Dargaville is known as the kumara capital of New Zealand while beef, sheep and dairy are the area’s chief pastoral industries. Forestry plantings, onions, squash, pumpkin, watermelon are also features of the area.

Dargaville is an ideal base for visitors wanting to explore the magnificent and unspoiled surroundings of the "winterless" West Coast. There is an excellent local Maritime Museum, giant kauri trees at Waipoua Forest, the award-winning Matakohe Kauri Museum, artists and wood-turner studios, magnificent beach and harbour fishing, horse treks and adventure sports to suit all tastes.

To learn more about Dargaville, click on:

http://communities.co.nz/Dargaville/
http://www.dargavillemuseum.co.nz/
http://www.dargavilleprimary.school.nz/
http://dargavilleint.schoolzone.net.nz/
http://www.igrin.co.nz/~darghigh/
http://www.teara.govt.nz/1966/D/Dargaville/Dargaville/en
http://www.kauricoast.co.nz/
http://www.northlandnz.com/



Seller Details

More details:

  • Trading Name
  • Location
  • Present Owner Since
  • Title
  • Asking Price
See Seller Details
Email Seller
Call Julie Now on:
+64 9 439 5786 (day)
027 290 3833 (evenings)

Shopping Gifts business for sale Dargaville New Zealand

http://www.bizoptions.com/10765