TAB FOR SALE

Northbridge TAB

$200,000 50% OR $400,000 100%
Unit 1, 129 James Street, NORTHBRIDGE, WA
  • Location: Northbridge
  • Ownership: $200,000 50% or $400,000 100%
  • Income Ratio: POA*
  • Annual Commission: POA

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

Well supported with self service terminals and touch screen information 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.
If purchasing full share out going partners are happy to work and give support initially.

The TAB operates under a long term TAB agency agreement. There are no franchise fees, no leasing costs or inventory costs resulting in minimal operating and outgoing costs.

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, parades 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.

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