Summary
Long History Good location Under Management cheap rent Long lease Good profit has a great potential
Revenue
$495,110,729 pa
Rent
$76,884 pa
Net Profit
$225,000 pa
Location Details
near CBD
Potential
Lottery sales has been approved , will bring estimated $100000 to the business
Skills
customer services
Business skill
Hours
Monday to Friday 6am to 5:30pm
Saturday 8am to 1pm
Sunday 8:30am to 11am
Lease
24/11/2024 + 10 years options
Employees
3 casusal
Reason for Sale
other commitment and also the owner resides in other city
About the Business
This long-established franchise tobacconist is situated at a prime location near CBD
– Impressive 20-year business history, with the current owner having successfully managed it for the past 18 months.
– the shop has been recently refurbished and offers a good size
-The business exclusively sells legal tobacco—no illegal products—offering both wholesale and retail.
– it sells milk, cold drinks, hot food (like Sandwiches, pies) newspapers, cards, confectionery, tobacco accessories, giftware with gifts, with the wholesale tobacco operation boasting a solid 10-year trading history.
– The shop has just been approved for lottery sales, with an estimated additional income of around $100,000 per year.
– The trading hours run from 6 a.m. to 5:30 p.m. Monday to Friday, 8 a.m. to 1 p.m. on Saturdays, and 8:30 a.m. to 11 a.m. on Sundays.
-It has a long lease, expiry 24/11/2029 + 10 years options
– Monthly rent $5824.74 +GST$582.47
– -There are three staff members, though only one works per shift. For the 12 months ending April 30, 2025, the net profit was approximately $225,000.00
-Fully under management, the owner resides in another city. This is a perfect opportunity for both investors and owner-operators.
The asking price is $300,000 plus $250,000 stock. With enormous potential for further growth, it’s ideal for both invetors and owner operators
History
20 years
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