Tobacconist – Retail – Independent

For Sale

·
Inner West Sydney

Business Code: PM1080

$780,000
+ Estimated Stock (SAV) $120000
Key Features: New fit out - many other revenue opportunities.
State: NSW
Suburb: Strathfield
Location: Street front location in the heart of busy Inner West suburb.
Premises: Fantastic fit out with plenty of room to expand complimentary product lines and an area of 66 sq. mts.

Health reasons

Sale Reason

Jan 2024

Established

Plenty of free street parking

Parking

2 owners + 1 casual

Employees

7 days - Monday to Sunday: 9 am to 11 pm.

Trading Hours

Current lease commenced 10/01/24 - expires 9/01/29 + one 5 year option - Annual rent increases of 4% - 4 months bond

Lease

A fantastic opportunity to own a newly established tobacco business strategically positioned in a bustling neighbourhood shopping strip with excellent frontage and high foot traffic in the Inner West of Sydney. This business offers fantastic visibility and a growing loyal customer base. Simple to operate and highly profitable, this is an ideal investment for both new and experienced owner-operators.This tobacconist is not just a one-dimensional business; it offers multiple income streams through an extensive range of products and services. In addition to a wide selection of tobacco products, the business caters to a large demographic by offering various accessories, and convenience items. This diverse product range not only broadens the customer appeal but also ensures steady and resilient revenue streams in the face of changing consumer trends – The current setup leaves room for introducing new product lines or expanding the existing offerings, such as specialised cigars etc.

Features

New fit out - many other revenue opportunities.

Potential

Increase income streams by pairing with a Parcel Point network, generating significant income from parcel drop-offs and pickups. Maybe place an ATM to increase revenue - Introduce lotto as a potential income stream . Additionally, leveraging online sales and social media marketing can significantly enhance the business's reach and customer engagement, tapping into a wider market and boosting sales - Google etc.

Comments

One owners wage has been removed from wages and included in profit.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$39000
Cost of Goods
$21450
Gross Profit
$17550
Rent
$2184
Wages
$1450
Telephone
$15
Insurance
$291
Electricity
$55
Misc 1
$1000
Total Expenses
$4622
Estimated Stock
(Additional)
$120000
Equipment
(Included)
$65000
Net Profit
$12928
Price
$780,000
+ Estimated Stock (SAV) $120000
Price
$780,000
+ Estimated Stock (SAV) $120000
Contact Us

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