TAB for Sale

$560,000East Victoria Park TAB

Franklin's Tavern, 948 Albany Highway, East Victoria Park WA 6101 

Location: East Victoria Park

Ownership: 100% (50% also available)

Income Ratio: 2.78*

Annual Commission: $201,515

The East Victoria Park TAB is unique in nature as it is located within the secure confines of Franklins Tavern, which is one of the popular Pubs on the Coffee strip of East Victoria Park.

Inside the TAB, customers can utilise the adjacent Sports/TAB Bar area of the Tavern which has Foxtel and regularly promotes numerous sporting events. This enables a mutually beneficial relationship between the two businesses and customers are free to walk between the TAB, restaurant and function centre of the Pub. Many customers enjoy the unique situation whereby they can relax with a meal or alcoholic beverage whilst enjoying the TAB facilities.Over the years we have built up a very strong relationship with the Pub management which in turn has proven to be a winning formula for all concerned.We own all our tv's, and have been ear marked for an upgrade in the near future.

One of the major concerns of patrons of TAB's is parking. In this regard we have parking space for over 50 cars, an envy of most other TAB's.At night the parking area is flood light and on weekends we have private security for the area.

We have a regular and loyal blue collar customer base, along with many young and sophisticated sports betting customers. Our strong relationship with the Pub management provides a wonderful working environment. Except for a few hours on a Saturday, the agency is run by a sole operator.

So why are we selling you may ask? Well one partner has been in the business for 23 years and the other for 17 years. Its time to put the feet up and enjoy a nice cold beer.

Des or Vincent

Des 0433079808 or Vincent 0413316752
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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.

Date Listed: Monday, 23 March 2015 1:51 PM