Lotto & Post Shop Franchise Business For Sale
Oamaru, New Zealand
Lucky Lotto store with Post Shop and gifts Oamaru with its laid back lifestyle and friendly people offers a unique mix of last century architecture and present day ecotourism. The town’s Historic Precinct, with its magnificent Victorian and Edwardian stone buildings, is internationally famous. Equally famous are the Blue Penguins that inhabit the harbour and foreshore. The colony is one of the most accessible anywhere in the world, being only 5 minutes from the town centre. Lotto’n things North End Postshop is located in a busy shopping centre at the northern end of Oamaru on State Highway One. The store has traded for 27 years and offers two of the leading and most recognized Franchises within New Zealand: - New Zealand Lotteries (Lotto outlet – first draw store)
- New Zealand Post (incorporating Kiwibank)
These two brands, together with a well priced range of gifts, offer a “one stop shop” for local and passing customers. Other services offered by the business include photocopying, a fax service, and a dry cleaning agency. Lotto’n things has come on to the market for the first time since 1981. It is being sold as a going concern business, including the freehold title to the premises. This business is best described as a “destination store” with three great franchises, open to the public on 6 days, and with easy customer parking close to the front door. It would suit a working couple who are committed to customer service and the desire to run their own profitable business. New Zealand Lotteries Commission Lotto’n things are a founding Lotto outlet, being established for nearly 21 years. Over the years this store has had 6 division one winners, 28 division two winners, 2 strike four winners and a Winning Wheel winner. Lotto’n things has a name for being a lucky store and many loyal customers come in week after week.
Sales analysis for Lotteries products sold from this store show that revenue is on the up compared to the previous year. This trend is expected to continue. 
Well-known lucky Lotto store
New Zealand Lotteries Commission fees
The new owner must apply to the NZLC for a new agency (the process takes about 6 weeks) and if approved, pay an establishment fee of $5,000 plus GST. Full training is provided to the new owner. New Zealand Post Lotto’n things North End Postshop was one of the first franchised stores in the South Island. The Post brand remains strong and the Franchisor constantly introduces new revenue streams for their stores. These streams include postal services (both domestic and international), international money services, and billpay services. 
Post Shop for all postal services
The number of customers coming into the store and taking benefit of these services is growing and this is reflected in an increasing number of transactions, month by month. Kiwibank Kiwibank was launched 6 years ago and has become an important part of the Oamaru community. As the bank grows older, more accounts are opened at Lotto’n things and more transactions are completed at the counter. The banking business at this store is growing and will continue to do so. 
Kiwibank is 100% Kiwi owned and operated
New Zealand Post fees
A fee of $1000 plus GST is payable on application (non refundable) and $5000 plus GST is payable prior to the possession date. The process takes about 8 weeks. Full training is provided to the new owner (includes Kiwibank). General Business Lotto’n things also retails giftware, magazines, phone cards, greeting cards, trade-me, and a small amount of stationery. This mix nicely complements the Lotto, Post, and banking products. 
Greeting cards and gift ware
The gift range is expanding because Lotto’n things is known locally for stocking quality, well priced gifts. Magazine sales remain an important revenue stream and the store currently stocks more than 13 different brands of phone card. Business catchment Other business types in the immediate vicinity include a pharmacist, hairdresser, Guthrie Bowron, woman’s fashion store, dental surgery, Medical Centre, Four Square, Carpet Warehouse, fast food outlets, restaurant, bakery, motorcycle agent, dairies, sports ground, and two motel complexes. Further afield are schools, kindergarten, confectionery factory, supermarket, petrol station, public bar, car sales yard, charter bus service depot, and a concrete and road metal plant. Customer Service The store is a vibrant, busy, friendly place and is ideally located to serve the local community. The store is consistently in the top 10% of all outlets within New Zealand (as assessed by mystery shoppers) for both the NZLC and the NZ Post networks, and the staff are immensely proud of their quality customer service. Freehold premises The owner is selling the freehold title to land (120 square metres) and buildings on the east side of the Thames Highway in the North End Shopping Centre. The property comprises a retail shop (84 square metres) built in the late 1950’s with mainly concrete block walls, a veranda over the footpath, and an upstairs storage area with separate office and a staff area plus toilet (upstairs totals 35 square metres). Over $22,000 has been spent since 2005 on maintenance and refits. Assets being sold A list of all fittings, fixtures, plant and equipment owned by the business is available Day to day management at Lotto’n things North End Postshop Business Hours:
Monday to Friday -8.30 am to 5.30 pm (except Wednesday 8.30 am to 7.00 pm).
Saturday - 8.30 am to 7.00 pm. Staff:
The business is operated by the owner with assistance from two full time and two part time staff. Stock:
Stock at valuation will total about $25,000, with stock levels varying depending on time of year. Security:
As a Kiwibank Franchise there is a fully monitored security system in place (serviced by Kiwibank for a small monthly fee). Advertising:
As a New Zealand Lotteries Franchise the business benefits directly from extensive advertising of Lotto in all media. New Zealand Post/Kiwibank also advertises in all media on a regular basis. There is no cost to the Franchisee for any of this advertising. Other advertising is carried out by the business, mainly in the local newspaper, and occasionally on local radio. Call Phil on +64 3 437 2888 or Rosalie on +64 3 434 9622
Please leave a message if required Oamaru and North Otago Oamaru has largest number of heritage buildings in New Zealand, reflecting the wealth and prosperity of this 19th century colonial town. Many of the unique Victorian buildings were built between 1870 and 1890 from the creamy white granular limestone that underlies much of the area. Many of these buildings have been restored and the whole town has become a significant tourist attraction. Oamaru is home to a Blue Penguin Colony. The colony began when a small number of blue penguins began nesting in a rock quarry area at the edge of Oamaru Harbour in the early 1990s. Today, over 75,000 visitors per year come to see the Colony and reception centre. Other popular activities in and around Oamaru include shopping at the Sunday markets, salmon and trout fishing in local rivers and lakes, jet boating on the Waitaki River, and hunting for wallabies and ducks. There are three ski fields within 2.5 hours drive of Oamaru and five accessible golf courses. To find out more about Oamaru and North Otago, click on: http://www.oamaru.co.nz/
http://www.historicoamaru.co.nz/
http://www.orc.govt.nz
http://www.visitoamaru.co.nz/
http://www.waitaki.net.nz/
http://www.tasteofwaitaki.co.nz/
http://www.beautiful-waitaki.co.nz/
http://www.ostlerwine.co.nz/
http://www.nz-holiday.co.nz/trout-salmon-fishing/
http://www.penguins.co.nz |
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