Asset Business Brokers Phone : 0417644 **** Russell Spencer
07557 ****

04176 ****

Tobacconist / Gifts / Franchise

Listing Id : 259211

Location : Queensland -Gold Coast

Category : Tobacconists, Gift, Retail

Asking Price : 120000 plus s.a.v.

Business description

Busy shop located in a well established Shopping Center close to some major retailers including a national Supermarket, Bank, News Agency and  Post Office. Part of a well known progressive franchise group with local support if required. This shop has a large variety of gift lines with a very healthy profit margin. Owner states total weekly sales of between $25,000 and $30,000 with a trial available under contract if required. This is a well run one person business with all systems in place and a loyal customer base of retail customers only (no wholesale). A new franchise agreement with a very reasonable monthly fee will be available to an approved purchaser and will include a new computer/software package. Current owner works only three days per week and his daughter works the other two and a half days. Closed by 2pm on Saturdays. Current lease is current to 30/6/20 with a 3 year option and very reasonable rent for this busy location. Stock value approx. $60,000 to $70,000 and is negotiable. Inspections by appointment only. Confidentiality Agreement required.

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