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Tobacconist - Retail - Franchise - Western Suburbs - (Code: FQ1054SFY)

Very well established

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Price: $260,000






Weekly Takings (inc GST) $52,500
Cost of Goods $45,412
Gross Profit $7,088
Rent $2,116
Wages $500
Outgoings $277
Telephone $42
Insurance $33
Electricity $70
Gas $
Misc 1 $115
Misc 2 $75
Total Expenses $3,228
Net Profit $3,860
Coffee Kilos P/W 0.0

Estimated Stock

$200,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Retail tobacconist selling cigarettes, gifts, phone cards,lighters, souvenirs etc. -Current wholesale turnover is less than 10% of sales. - The business moves $52,000 stock per week (90% in tobacco) 8 percent profit on packets and 4 percent profit on cartons.

Potential
Huge potential for wholesale business which is currently under developed. - Extend gifts and non-tobacco range - May suit couple or family.

Features
Franchise support & low franchise fees - Profitable - Loyal clientele - Busy location. - Easy to run.

Premises
Modern premises with retail floor space and large storage space and an area of 110 sq. mts.

Location
High foot traffic location near major store in shopping centre in Western Suburbs.

Trading Hours
7 days - Mon. - Sun. - 9:00 a.m. - 6:00 p.m. - Thurs. - 9:00 p.m.

Lease
Current lease commenced April, 2016. - Expires April, 2021. - 5% annual increases. - 3 months bond.

Employees
1 owner + 2 casuals

Comments
Genuinely profitable business. - Owner is advised to hold between $100-$300k in tobacco stock. - Miscell.1 - General maintenance - Miscell. 2 - Back to base security fee. - Franchise fee is only 1% and is accounted for in cost of goods.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXFQ1054SFY

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