Steps in purchasing an existing outlet
Step 1: Identify an outlet & begin discussion with the current owner.
Step 2: Investigate the business, conduct your due diligence, and secure a contract of sale (subject to Lotterywest approval).
Step 3: Commence discussions with the landlord and secure an offer to lease (subject to Lotterywest approval).
Step 4: Organise & Attend Pre-Application meeting with Lotterywest (Book now). Once you attend the meeting an application link will be sent.
Step 5: Fill out application form and provide supporting documents. This will include Compliance checks on all applicants (refer to section below for more detail).
Step 6: Successfully complete online training modules assigned to you.
Step 7: Attend our 3-day course in person at head office in Subiaco – Managing a Lottery Outlet (MALO).
Step 8: Successfully pass an interview with Lotterywest.
Step 9: Settlement, once all required documents are received, we can proceed with finalising the settlement.
Welcome to the network! Commence trading the day following settlement.
Lotterywest recommends that independent legal and financial advice is sought prior to entering into an agreement with us and in respect to all the documents you will submit as part of your application.
