Internal Ref: BUY2708
Summary
Fully managed North QLD business | $1.4M+ turnover | $106K+ passive income | Ideal for investors, owner-operators & 491 SBO visa applicants.
Net Profit
$106,000 pa
About the Business
Rare opportunity to acquire a long-established tobacconist business operating totally under management, generating approximately $106,000+ p.a. passive income. The owner lives in Brisbane, with the business operated by two experienced full-time staff.
Positioned in a busy supermarket-anchored neighbourhood shopping centre with strong local patronage and convenient access.
KEY FEATURES
– Approx. $30,000 weekly sales / $1.4M+ annual turnover
– Totally under management – owner lives in Brisbane
– Approx. $106,000+ annual net profit / passive income
– Two experienced full-time staff in place
– Approx. 120sqm premises
– Rent approx. $5,500/month incl. GST & outgoings
– HANDSOME gross margin
– Flexible YOY lease with approachable landlord
– Long-established operation
– Seven-day trading
– Potential for an active owner to further improve returns
– North QLD regional location – attractive opportunity for 491 SBO visa applicants and ideal for a local investor seeking passive income
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
Connect with us