Business NO.:
3412283
Status:
Sold
Price:
$750,000
Plus SAV:
Yes
Updated on:
27/04/2024
Business Features:
Visa (Immigration)
Suits those looking to migrate to Australia on a business visa. Read more about owning a business to meet visa requirements
Investment (Fully-managed)
Comes fully-managed, so you invest money but not your time. Find out more about the difference between managed and non-managed investments.
Franchise
Offers training, guidance, an established business model and a pre-existing loyal customer base. Find out more about franchises.

Cignall Tobacconist Franchise, Gold Lotto, Gifts & Newsagency. Sunshine Coast. Under Management. UNDER OFFER!

Franchise | Business for Sale | Sunshine Coast Mc

Owner states current weekly sales of $127,711.52 from various income streams such as Tobacco, Gold Lotto, Gifts & Magazines sales etc.

Financials show an average nett profit under management for the past two financial years has been $506,054.02!

Excellent location within a Shopping Centre next to Coles Supermarket. Other tenants include K-mart, a Liquor Outlet, Bakery, Chemist etc.

Established 5 years.

Product range also includes unique gift items with high margins.

Broker's Comments:

This business has an established customer base. Owner will trial to confirm all sales. No security issues as within the Shopping Centre & next to Coles.

Overview:

Owner States: Current weekly sales of $127,711.52 & annual average nett under management of $506,054.02!

Rent: Only $1,881.01 + GST per week.

Lease: Current lease expires 2024 plus 1 x 5-year Option.

Price: Only $750,000 plus SAV (approx. $300,000.00 +)

Code:

For more details, please email broker or call agents.