TAB FOR SALE

Northbridge TAB

$170,000 50% or $340,000 100%
129 James Street, Northbridge WA 6003
  • Location: Northbridge
  • Ownership: 50% or 100%
  • Income Ratio: POA*
  • Annual Commission: POA

TAB FOR SALE NORTHBRIDGE

Located in the heart of Northbridge is a spacious, inviting, neat and tidy TAB.

A high exposure location central to restaurants, coffee shops, clubs and a multi storey car park results in it being in a high volume foot traffic area.
With walk in lunch time and dinner time clients as well as our strong wagering market consisting of our regulars (restaurant workers and other business workers on break) it results in strong sales throughout the year.

The TAB operates under a long term TAB agency agreement.

  • No franchise fees
  • No leasing costs or inventory costs
  • No Marketing/advertising fees
  • No Maintenance costs
  • With the above being covered by RWWA this results in minimal operating costs.

Well supported with 7 self service terminals there is minimal demand for staffing. You are able to run this as a sole operator or family partnership.

All training and on going support is provided by Racing and Wagering Western Australia.

The potential for growth exists with online trailing commissions from accounts as well as sales from customer personal devices via beacon technology. As we are in the entertainment district of Perth with many festivals, paradesĀ  held yearly as well as many pubs and clubs nearby this potential is strong.

Northbridge is developing and progressing forward after a period of down turn. A new Hilton Double Tree hotel just opened a few feet down the road. New Student accommodation around the corner and the Perth link opening up more means that ticket sales can only increase as Northbridge moves forward.

Current Owners have been in the TAB business many years and reluctantly selling due to health reasons.

If purchasing 50% you will only work 26 weeks every year and draw a wage weekly as we work week on week off.

If purchasing full share, out going partners are happy to work and give support initially.

 

 

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