Image TSG Tobacconist, Gifts, Gold Lotto & Newsagency. Located on the Gold Coast. Under Management - Exclusive Listing.

TSG Tobacconist, Gifts, Gold Lotto & Newsagency. UNDER OFFER!

Located on the Gold Coast!

Under Management - Exclusive Listing.

TSG Tobacconist, Gifts, Gold Lotto & Newsagency for Sale. Located on the Gold Coast. Under Management - Exclusive Listing.

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A rare opportunity to enter this tightly held and lucrative industry.

Fully refurbished store with nothing to spend.
Operated under management by excellent staff.

Current monthly sales figures show current average weekly sales of between $58,000.00 to $60,000.00 and growing as only recently refurbished with all new Gold Lotto & TSG Counters, Shelving and Flooring. Owner states nett profit on current sales of $180,000.00 Under Management or $280,000.00 to a working owner!
Accountant’s figures show an excellent nett Under Management with owner not physically working at the store at all!
Monthly sales reports are showing an exponential growth – expect a huge increase in nett profit for year ending June 2022.
Excellent location with a steady flow of regular local loyal customers.

Easy to run as full support provided by Tobacco Station Franchisor as well as the Golden Casket Office plus trained staff in place.
Product range also includes unique gift items with huge margins.

Reason for Sale:
Absentee owner has other business interests.

Broker's Comments:
A rare opportunity to purchase this business now that is already showing a great return that is run under management.
Priced to sell quickly - Nett Under Management of $180,000.00 on current sales!

Overview

Lease Term: Current lease expires in 2024 with 2 x 3- year options.
Current Rent: $1,152.00 per week + GST.
Price: Only $350,000 plus SAV (Approx. $150,000.00)
Code: 303634

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.