$49,800 (WIWO & NO STOCKS)

WIWO SALE - SAME OWNERSHIP FOR 18 YEARS, FRANCHISE TOBACCONIST LOCATED IN BUSY SHOPPING CENTRE

Short Summary

WIWO SALE – This is an established & franchised tobacconist located in the major shopping centre of QLD’s oldest provincial city (45 min from CBD)

Key Selling Points

  • Established brand
  • Cashflow Positive
  • Strong year to year Sales
  • Simplistic business
  • Clean business
  • No Direct Competition
  • 80% Repeat Work
  • High foot traffic location
  • High visibility location

This long established, popular and franchised tobacconist has been successfully operated for over 18 years in one of the QLD’s provincial city which has a rich history and renowned for its architectural, natural and cultural heritage. The business has been operated by the same owners since 18 years ago from setting up. Through the years, the owners have supported a big family with numbers of children based on the profits from this business.

The owners have decided to retire and would like to offload this business on a WIWO basis.
The complete fit-outs being sold with the business including all fittings, fixtures, security system, plants and equipments visible on site. The WIWO sale of this business does not include any stocks as the seller has plan to offload the stocks elsewhere. However, the new owner can negotiate to buy stocks from the seller on a SAV basis (Stock At Value).

This established tobacconist franchise offers an excellent business opportunity in a high-traffic location within a busy shopping centre about 45 min drive from the CBD of Brisbane. This represents a great investment opportunity suited for someone looking to expand or it is ideal first shop entry into the tobacconist business. The shop is located next to the TARGET store and is a busy shop with regular customer base and lots of parking available around the premises.

Based on its high foot traffic location, the rent is reasonably set at $1,400 per week (inclusive of GST & O/G) and the buyer has to setup a new lease with the centre. With the support of the famous franchise and the history of this shop, the Centre is happy to see the continuation of this business in consideration for a new energetic and motivated operator to grow the business which has potential to expand via increased trading day and strengthening of the product lines.

This is also a perfect business for 188A visa applicant who needs to buy a high turnover, easy to operate and profitable business to satisfy his/her visa requirements.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $49,800 (WIWO & NO STOCKS)

Ref. no. BUY2483

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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