Chit Chat Newsagency and X-Lotto
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Business Description
Chit Chat Newsagency and X-Lotto in Victor Harbor is a successful business family owned for 36 years. It's strategically located in the high foot-traffic area of Victor Central Shopping Centre, offering a range of products and services, including SA Lotto, gifts, greeting cards, stationery, magazines, newspapers, and postal services.
The newsagency joined the newsXpress group in 2015, enabling them to join its buying group, embrace change in the industry, improve profitability, and keep up-to-date with the latest gift offers and trends.
The recent upgrade of the Lotto Kiosk to the latest Generation One fit-out will enable the new owner to reap the benefits of the upgrade, without any further investment. The new Lotto commission rates increased in May 2023, which will further boost the business's profitability.
The newsagency is also a Certified Australia Post Agency, providing additional foot traffic and income streams by selling stamps and post bags with an in-store Post Box.
At a Glance
- Family owned for 36 years
- Ranked in the Top 12 SA lotto outlets
- Ideal seaside location of Victor Harbor
- 6 staff employed
- Over $1.2M annual sales, excl. lotto
Eunice Tan 0435 383 398
