LUCRATIVE TOBACCONIST WITH GOLDEN CASKET IN THE HUB OF SMOKERS

10 days ago

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Internal Ref: BUY2481

Summary

Rare opportunity to buy this profitable tobacconist with Lotto nested in the hub of the smokers situated in a high foot traffic shopping arcade.

Net Profit

$120,000 pa

About the Business

The business has been established long time and present owners took over two years ago. The shop is surrounded by many residential housings, shops and offices and is a "go to" store for the locals for Cigarettes, Gold Lotto, News-agency products, Stationary and unique gift items with huge margins. It has plenty of parking right outside the front of the shop.

Presently, there are two owners and they run the shop themselves with each owner works part-time with rotational shift. Buyer can employ one full time staff and this business will be transformed into "under management". Weekly income is averaged at $35,000 contributed by three income streams – Lotto, cigarettes wholesale & retail. After paying the full time staff, this business will have annual netting of $120,000.

Full support provided by tobacconist Franchisor as well as the Golden Casket Office and the owners will provide training post settlement. This business will be perfectly suitable for the visa applicants (188A) who is motivated to continue its success and grow this business to the next level.

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.

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