Cairns & Far North Region QLD Region, Queensland
$300,000
Key Features
AI generated. Contact seller to confirm.
- 20-year trading history
- Fully under management, absentee owner
- Net profit approximately $225,000 per year
- Recently refurbished, good shop size
- Approved for lottery sales, est $100,000 per year
- Long lease to 24/11/2029 plus 10-year options
- Turnover: Not disclosed
- Net Profit: $225,000
- Rent/Lease: Monthly rent $5,824.74 + GST $582.47; Lease expiry 24/11/2029 + 10-year options
- Stock Value: $150,000
- Established: 20 years (current owner 18 months)
Business Details
Business Category Franchise Re-Sale General Retail
This long-established franchise tobacconist is situated at a prime location near CBD
– Impressive 20-year business history, with the current owner having successfully managed it for the past 18 months.
– the shop has been recently refurbished and offers a good size
-The business exclusively sells legal tobacco—no illegal products—offering both wholesale and retail.
– it sells milk, cold drinks, hot food (like Sandwiches, pies) newspapers, cards, confectionery, tobacco accessories, giftware with gifts, with the wholesale tobacco operation of a solid 10-year trading history.
– The shop has just been approved for lottery sales, with an estimated additional income of around $100,000 per year.
– The trading hours run from 6 a.m. to 5:30 p.m. Monday to Friday, 8 a.m. to 1 p.m. on Saturdays, and 8:30 a.m. to 11 a.m. on Sundays.
-It has a long lease, expiry 24/11/2029 + 10 years options
– Monthly rent $5824.74 +GST$582.47
– -There are three staff members, though only one works per shift. For the 12 months ending April 30, 2025, the net profit was approximately $225,000.00
-Fully under management, the owner resides in another city. This is a perfect opportunity for both investors and owner-operators.
The asking price is $300,000 plus $150,000 stock. With enormous potential for further growth, it’s ideal for both investors and owner operator.
What's Nearby
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.