- Self-managed
- Provides the opportunity to own and run your business for greater reward. Find out more about the difference between managed and non-managed investments.
LUCRATIVE TOBACCONIST WITH GOLDEN CASKET IN THE HUB OF SMOKERS
This franchised tobacconist with Golden Casket Lotto business is located on the Northside of Brisbane in a very busy local strip Shopping Centre which also houses a Supermarket, Liquor Store, Food outlets, Bakery and other famous retail shops etc. With just 10km from the CBD, this suburb has increasingly shown growth in local development with new retail precincts being developed continuously.
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.
The monthly rent for this shop is crazily cheap of around $5,300 (inclusive of GST, O/G and Promo) given with its location as it has a very easy-going landlord and a long lease up to 2029. The loyalty fee to pay the tobacconist franchisor is around $1500/quarter and a very minimal amount for the Lotto franchisor.
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. Owners are reluctant to sell but due to personal reason to go overseas. This business will be perfectly suitable for the visa applicants (188A) or a husband-and-wife team who is motivated to continue its success and grow this business to the next level.
Contact Henry Chow
| Amy WanAsking $178,000 + SAV ($50k to $120k)
Ref. no. BUY2481
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.
For more details, please email broker or call agents.
