Combined Tobacconist, Newsagent, Lotto Business for Sale Gympie QLD

Enquire about this "Combined Tobacconist, Newsagent, Lotto Business for Sale Gympie QLD" opportunity on aubizbuysell

Combined Tobacconist, Newsagent, Lotto #5283RE

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Why buy this Combined Tobacconist, Newsagent, Lotto Business

Combined Tobacconist, Newsagent, Lotto Business for Sale Gympie QLD Asking: $745,000 + SAV

Business is in a shopping centre in a regional centre amenable to visa requirements a couple of hours away from Brisbane.

You get three profitable businesses in one location:

- Tobacco
- Lotto
- Newsagent

The margins on tobacco are as follows:

- GP on cartons > 5%
- GP on Packets > 7%
- GP on Tobacco > 8 - 10%

Gross Profit contribution is

- Tobacco $460,000
- Newsagency $108,000
- Lotto $195,000

Weekly Smokes / tobacco sales is approximatley over $100,00 incl gst

Total weekly sales is $135,000 or above.

Lease expires in 2024 July with a 5 year option 4% increases.

Approximate net profit is $428,000 on an EBITDA basis (all wages taken out as costs).

There are four staff plus the owner who attends the business approximately 20 hours per week.

Business operates 7 days a week.

Stock is approximately $300,000

Tobacco shop is franchise of Cignall.

For more information about this excellent opportunity, complete the Confidentiality Agreement, quoting reference no: 5283RE https://absbusinesssales.com.au/confidentiality-agreement Broker: Harry Notaras| E: harry@absbrisbane.com| P: 0434 344 282 Head Office | P: 07 3368 4010| E: reception@absbrisbane.com