What is the application process to purchase an existing lottery outlet*?
Pre-Meeting
The purchaser will need to contact Lotterywest to arrange a pre-meeting prior to submitting an online application form.
Application
The purchaser needs to submit a complete application that includes the application form, business plan (including financial plan), Contract of Sale and evidence of an offer to lease for at least 12 months. If your application and business plan are approved, you will progress to the interview stage.
Interview
Once we have received and assessed an application that meets our requirements, the prospective retailer will be invited to discuss their business plan and strategies for the business with our panel. If you pass our interview, you will be invited to attend our MALO Training.
MALO Training
All owners and managers must complete our Managing a Lottery Outlet 3-day training course. This training is held once a month at our Lotterywest office, so please take this into consideration when negotiating a settlement date.
Sign agreement & submit a bank guarantee
You will be advised of the bank guarantee value at this point in the process.
Settlement
Settlement must occur on business days (Tuesday to Friday – excluding public holidays).
Shopfit
If the current store has the old shopfit, you will need to complete the new shopfit within 8-weeks of settlement.
*Relocation
If the purchase of a business with a Lotterywest outlet involves a change of location, please speak with our Retail Support team regarding our Relocation policy and guidelines.
