Tobacconist - Retail - Franchise

Business Code: FQ1054SFY


Key Features: Very well established

State: NSW

Suburb: Merrylands, 2160

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

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.

Summary

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

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

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

  • 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.

Weekly Summary

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

Misc1

$115

Misc2

$75

Total Expenses

$3,228

Estimated Stock (Additional)

$200,000

Net Profit

$3,860

Price

$260,000

Enquire about this listing