âThis 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.
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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