Perth (South East)

$625,000Belmont TAB

Belmont TAB

Location: Belmont

Ownership: 50%

Income Ratio: *

Annual Commission:

How would you like every 2nd week off and still earn about $200,000 per year.

Then consider an investment in the Belmont TAB.

The Belmont TAB enjoys very strong patronage and is one of the largest TAB agencies in Perth, situated in the heart of the Belmont racing precinct. This agency presents exceptionally well in a modern building with plenty of car parking and showcases the latest in Race Wall design and digital technology.

The agency adjoins the popular Belmont tavern and has been established for about 40 years. This modern TAB Agency is situated in a recently upgraded retail precinct of the Belmont Forum. The surrounding area is undergoing rapid redevelopment with a government supported in fill program, therefor providing an increased population to draw from.

The Agency is ideal for a Sole Operator or family company and is well-supported with Self-Service and Touch Screen Information Terminals.

The Agency trades under a long term 15 year Agency Agreement that also offers potential revenue growth from trailing on-line account commissions. The TAB network is a semi government organisation with a proven business model that provides the operator minimal expenses with no property leasing costs or inventory expenses.

The remaining partners have many years experience and can be relied on to assist.

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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: Friday, 14 September 2018 3:21 PM

$290,000Canning Vale TAB

Canning Vale TAB

Location: Canning Vale

Ownership: 50%

Income Ratio: POA *

Annual Commission: POA

 The purchase of a half share in the Canning Vale TAB represents a great business opportunity that would suit any business structure.  It is currently run by a sole trader and requires minimal assistance. You work 26 weeks a year, alternating weekly allowing more quality time for you and the family.

The TAB is located with the Livingstone Shopping Centre precinct in Canning Vale but is situated in an ideal position, well away from the main shopping centre with easy access and ample parking.

We have a large and loyal customer base in a suburb that is still developing. It is a wonderful environment to work in with a friendly family atmosphere. The agency is spacious and contains 3 Self Service Terminals and 8 Customer Information Terminals. The shop is scheduled for a free RWWA refurbishment that will provide the latest in race wall technology and can only enhance the value of the business.  The agency operates under a long term agreement with RWWA that offers trailing commissions for online accounts.

I have recently turned 60 years of age and am looking at a transition to retirement, but I am willing to work for any prospective purchaser.

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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: Thursday, 22 February 2018 9:10 AM

$264,000Gosnells TAB

Gosnells TAB

Location: Gosnells

Ownership: 50%

Income Ratio: *

Annual Commission:

The Gosnells TAB is a quality Agency in a revitalised and growing area with the business recently being upgraded to provide
• State of the art race wall
• Customer information technology terminals including
      o Self service terminals
      o Giddy-up information terminals
      o Counter terminals
• Dedicated screens - sports and race vision
• Long term lease and licence

Well located in the Gosnells Shopping Centre on Albany Highway with high traffic volumes it is within a busy retail precinct offering ample parking and access to the Agency.

With the technology installed there is minimal demands for extra staffing requirements and operational set up.
Currently enjoying a steady flow of clientele from regular patrons and walk ins along with a growing account base. The business model of the TAB is long standing and a proven operator.

 

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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: Wednesday, 20 December 2017 3:14 PM

POAWilletton TAB

Willetton TAB

Location: Southlands Shopping Centre

Ownership: 50%

Income Ratio: *

Annual Commission:

Located in the Southlands Shopping Centre precinct next to the Burrendah Tavern and BP Service Station on Pinetree Gully Road, Willetton, this agency offers easy access and plentiful free parking for customers. The shopping centre and nearby fast food outlets attract a large amount of passing traffic, giving the agency a high level of visibility.

A long term license agreement with an established pool of connected accounts generating trailing commission along with great opportunities to connect more online customers allow good potential for long term growth. The PubTab at the adjacent Burrendah Tavern door also brings in a very attractive trailing commission, with income from connected accounts and the tavern generating up to 40% of the agency's weekly commission.

The agency works under a business model with great support and training with no franchise or leasing fees and no inventory expenses. It is well supported by Self Service and Touch Screen Information Terminals and is ideal for a Sole Operator or family company.

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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: Friday, 27 October 2017 11:55 AM

All genuine offers will be considered!Cannington TAB

Cannington TAB

Location: Cannington

Ownership: 100%

Income Ratio: on application *

Annual Commission: on application

 

Cannington TAB is ideally situated to enjoy the growth of the many proposed developments at the shopping centre, Cannington Train Station and the City of Canning, including the recently refurbished Cannington Greyhound race course.

Cannington TAB is already supported by a busy and thriving shopping centre which is currently under redevelopment and set to reclaim the mantle of biggest shopping centre in Western Australia upon completion. This redevelopment will see ‘the creation of a one of a kind retail, dining and entertainment destination. The introduction of David Jones will anchor a new fashion mall that will be home to more than 60 new stores, a multi-deck carpark, an open-air lifestyle and leisure precinct, a fully refurbished 14-screen Hoyts cinema, and 12 new restaurants’ all within walking distance of the Cannington TAB.

https://www.westfield.com.au/carousel/development

As well as the Carousel redevelopment, the City of Canning also have plans to create a new city centre around Cecil Avenue to the train Station incorporating new residential, retail and commercial opportunities. This will all be on the TAB’s doorstep (Cnr of Cecil Ave and Highway, next to MacDonald’s) increasing the walk by traffic by future residents, shoppers as well as the hundreds of workers employed to undertake these developments in and around Carousel Shopping Centre.
The current owner is excited by the potential growth in the area, however after 32 years as an agent is reluctantly planning for retirement.

 

 

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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: Thursday, 10 August 2017 8:56 AM

$540,000Thornlie TAB

Thornlie TAB

Location: Thornlie

Ownership: 100%

Income Ratio: 2.89 *

Annual Commission: $200,882

A fantastic business opportunity is now being offered to a discerning buyer.

If you have been looking to own and run a business with a steady income, then look no more.

This is a successful business model with great support and training. There are no exorbitant franchise fees or rental of the premises.

This TAB agency is situated in a prime location, nestled amongst global food chain restaurants and other major retail businesses at Thornlie Square.

Although, it is a busy agency, this business is easily managed and run by a husband and wife team or a partnership, but also can be managed and run by a sole operator other than week-end.

This agency is frequented by many regular and friendly customers, which makes a pleasant environment to work at; generating a steady weekly turn-over and commission to the business owner. It also has a potential to grow stronger.

There are 35 LCD television sets which are fully owned, 2 Self Service Terminals and 8 Customer Information Terminals are installed in Customers lounge area. Foxtel and Surepick are also available.

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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: Thursday, 26 March 2015 8:36 AM

$560,000East Victoria Park TAB

East Victoria Park TAB

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.

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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