WELL ESTABLISHED TOBACCONIST BUSINESS FOR 16+ YEARS AVAILABLE FOR SALE IN GOLD COAST- NETTING $300K+

Posted by: Jeevesh Thaman | March 9, 2023

Sold $600,000

Description

Well Established Tobacconist Business for 16+ years available for sale in Gold Coast- Netting $300K+

Sold - Gold Coast QLD

Short Summary

Smoking hot business opportunity? Look no further than this highly profitable tobacconist, established for 16+ yrs this business has $5Mn yearly sales

Key Selling Points

Established brand
Recession proof
Low Overheads
Cash-based
Cash Cow!
Strong year to year Sales
Strong year to year Growth
Strong year to year Profits
Low Rent
Long Term Lease in place
Simplistic business
Clean business
Clean financials
Exclusive Supplier
100% Repeat Work
Best Location
High foot traffic location
Ideal family business with opportunities to take holiday periods off!
Proven trading through Covid
No exposure to Covid restrictions

Looking for a smoking hot business opportunity? Look no further than highly profitable tobacconist! Established over 16 years ago, this business has been bringing in year on year sales of over $5 million.

And with low rent and high profits, this is a business that is sure to light up your life. Netting over $300k annually, you’ll be able to enjoy the financial freedom that comes with being your own boss.

Located in a stunning Southern Gold Coast Shopping Centre, this is a business that is perfectly positioned to attract both locals and tourists alike.

This is a rare opportunity to own a highly profitable business in a beautiful location – don’t let it go up in smoke! Contact us for more information

Contact Jeevesh Thaman 0451 559 383 | Alex Cernoy 0459 424 777

Asking $600,000 + SAV

Ref. no. BUY2273

Confidentiality Agreement

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (b) “Business” means the business referred to in this Confidentiality Agremeent and/or described in any Agreement. (c) “Property” means the property referred to in this Confidentiality Agreement and/or described in any Agreement. (d) “Seller” means the party described in any Agremeent between the Recipient and includes heirs, executors, administrators, successors and assigns; and in the event the Seller uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Seller shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (e) “Agent” means Business Classifieds Pty Ltd ATF Business Classifieds Trust. (f) Words denoting the singular include the plural and vice versa, words denoting individuals or persons include bodies corporate and vice versa, words denoting one gender include all genderss and references to documents or agreements also mean those documents or agreements as changed, novated or replace. (g) Grammatical forms of defined words or phrases have corresponding meanings. (h) Reference to the Recipient shall bind their heirs, executors, administrators, successors and assigns. (h) Obligations under the Confidentiality Agreement affecting more than one party bing them jointly and each of them severally. AGREEMENT: The Recipient ("I/We/Me/Us") agrees to the Confidentiality Agreement as follows: In consideration of the Agent agreeing to provide me/us directly or indirectly with information relating to any Business/Property presented to me, I/We hereby agree and undertake as follows: (1) I/We will hold and keep as strictly confidential all information, statements, opinion, forecasts and other matters of whatsoever nature, whether written or oral (“the Confidential Information”) except in so far as the same may be or become information in the public domain. (2) I/We will not disclose any of the Confidential Information to any employee or third party unless such employee or third party is specifically required to have knowledge of the same for purposes directly related to my/our consideration of the Business/Property. (3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. (5) The Recipient must not in any manner whatsoever either directly or indirectly be concerned or interested in the Business/Property without the Agent's involvement. (6) I/We undertake to indemnify the Agent against any actions, proceedings, costs, claims, demands or liabilities which the Agent may suffer in consequence of any breach by me/us of the undertakings herein contained. (7) The obligations, covenants and undertakings contained in the Confidentiality Agreement shall continue in force without any limit in point of time. (8) I/we acknowledge the Agent does not adopt or endorse information provided by the Seller. (9) I/we agree and confirm that this electronic Confidentiality Agreement is enforceable. (10) I/We acknowledge that the Agent is the introducing agent and that all dealings with the Seller will be communicated through the Agent unless otherwise agreed in writing at a later date. I/We will not do and/or say anything that interferes and/or circumvents the Agent’s entitlement to Commission. In the event that the Recipient acquires Interest in the Business/Property, either in part or whole, the Recipient acknowledges and agrees that, had it not been for the Agent, such Interest would not have occurred and agrees that the Agent was the effective cause of such acquisition.*
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Property Features

Real Estate Agent's

About
Bio
Recent Listings

Jeevesh Thaman

0451 559 383

Fluent English, Hindi, Indian, Punjabi. Jeevesh is a gun salesman and has a hardworking ethic! He has extremely strong contacts within the Indian community both locally and abroad. Jeevesh has owned his own businesses including the popular restaurant Nandos and has consulted in IT and Communications within Apple and IBM. His outstanding customer service skills, business acumen and bubbly personality makes him an instant hit with Sellers, Buyers and our Team!

About
Bio
Recent Listings

Alex Cernoy

Business Sales Specialist

0459 424 777

Fluent English. Alex started as a business broker over 20 years ago. He has worked with major brokerages in South East Queensland during that time, as well as interstate. He has a corporate background in IT and Telecommunications (IT&T) having owned and managed various IT&T firms. Alex is very professional and experienced in all areas of business and looks after South-East Queensland including Brisbane and the Gold Coast. Alex has sold and consulted in mergers and acquisitions in excess $90 million which included major Lighting Distribution Businesses, Large Electrical contracting Businesses, and Major Tyre Businesses.

Jeevesh Thaman March 9, 2023 Comments Off

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WELL ESTABLISHED TOBACCONIST BUSINESS FOR 16+ YEARS AVAILABLE FOR SALE IN GOLD COAST- NETTING $300K+

Description

Well Established Tobacconist Business for 16+ years available for sale in Gold Coast- Netting $300K+

Sold - Gold Coast QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Jeevesh Thaman

Alex Cernoy

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