Description
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.
Suburb
Merrylands (Hidden)
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.
Sale Reason
Retirement after 24 years in the business.
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.
| Figure Display Type | Regular |
| Weekly Takings | $52,500 |
| Cost of Goods | $45,412 |
| Gross Profit | $7,088 |
| Rent | $2,116 |
| Outgoings | $277 |
| Wages | $500 |
| Telephone | $42 |
| Insurance | $33 |
| Electricity | $70 |
| Gas | $ |
| Misc 1 | $115 |
| Misc 2 | $75 |
| Total Expenses | $3,228 |
| Nett Profit | $3,860 |
| Price | $260,000 |
| Estimated Stock | $200000 |
| (Additional) | |
| Equipment | $ |
| (Included) | |
| Residence | 0 |
| Premium | no |
| Undisclosed | no |
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