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