About the Business

This long established, popular, profitable and managed franchise Tobacconist is located in one of the fastest-growing costal locality in the Redland City.

The business is situated in a very high profile location with thousands of customers walk by daily. It is situated inside a popular local shopping centre in a high visibility and foot traffic location. The rent is very reasonable at $1,300 per week (inclusive of O/G & GST) with a premium position right in the heart of a smokers paradise.

The business has been established over 18 years and the present owner took over it in 2016 as a passive income play. The business is generating turnover over million pa. ballpark of averaged $25,000 per week sales which brings about $60,000 pa. passive income to the owner who does not go there very often except to relief his full time staff.

The shop is run by a full time Manager who has been working there for over 5 years and loved by the customers. This franchised business is a fully systemised business that a single operator could easily manage and earn a good income for 6 days light work with potential to increase revenue and profit by expanding the trading days and hours.

Owner is planning to retire hence intending to offload this business which is a bluechip business opportunity. It is perfectly suitable for Visa 188A applicant who needs to buy a local business to satisfy his/her visa application requirement or a motivated husband/wife team who is passionate to continue its success and bring it to the next level.