About the Business

​This franchised tobacconist gift shop was established by its present owner in 2017 and since then it has turned into a "must go" destination for the neighbouring smokers as it is situated in a high foot traffic location in a busy shopping Center of one the the most popular and bustling suburbs of Brisbane.

Its 2023/2024 financial year reported a $2.3M sales (20% cash & 80% cards) and averaged weekly sales ranged between $39K to $50K. Rent is cheap at $1,400 per week (inclusive of O/G, electricity and GST) and the existing lease will last till end of 2026. Renewal of the lease is not an issue as the friendly landlord loves this renown franchisor around. This business generates over $150,000 net profit to its owner annually.

Owner has a young family so can only works 25-30 hours per week with the support of couple causal staff, the operation is smooth whilst building up a reputation as the best tobacconist in the vicinity and a "Must Go" destination for all the smokers who are the local residents, visitors, tradies and workers.

This is a super easy business and anyone can do it like a walk in the park. The owner is reluctant to offload but due to the increasing demands of family commitment. Seller is committed to provide post settlement tuition to the buyer with a hope for a smooth handover and transition.

This is a perfect business for a Visa 188A applicant or any motivated entrepreneur who would like to scale up the sales and profits by expanding the product lines and strengthening the marketing activities.