TAB FOR SALE

Canning Vale TAB

POA
30-34 Ranford Road, CANNING VALE WA 6155
  • Location: Canning Vale
  • Ownership: 50%
  • Income Ratio: POA*
  • Annual Commission: 2021 Financial Year $268,000 full agency, half share $134,000.

I am in the twilight of my working career and have greatly enjoyed the past 11 years as a half owner of the Canning Vale TAB. It is a pleasure working at an agency that has a large and loyal customer base in an area that is still growing.

The agency is spacious and strategically located within the Livingstone Shopping Centre but is far enough away to stand alone. There is easy access and ample free parking. The agency has recently been completely refurbished and now has the latest Racewall technology making the operation easily handled by a single operator. The interior features new carpet and furniture together with a remodeled interior complimented by a fresh paint job. We now have 10 self service terminals and 3 operator terminals. The agency has a large staff kitchen area with full amenities and a toilet. There is also a large clean toilet for the punters.

The agency is run on a week on week off basis by its two business partners, sharing the weekly commission. Effectively each owner works 26 weeks of the year. My business partner runs his week on his own while I choose to have 2 days off on my working  week, employing staff to cover these days. Its a very flexible operation that would suit any business model.

All inventory and equipment is provided and maintained by Racing and Wagering WA (RWWA) There is no rent, advertising or franchise fees and the business offers a long term assignable retail agency agreement. All training is provided by RWWA and they are also responsible for any future upgrades. I am available for casual work should any prospective buyer require help.

For any further information please contact Steve on 0423470585.

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