Description

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.

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.

Features

New fit out - many other revenue opportunities.

Premises

Fantastic fit out with plenty of room to expand complimentary product lines and an area of 66 sq. mts.

Location

Street front location in the heart of busy Inner West suburb.

Trading Hours

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

Lease

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

Employees

2 owners + 1 casual

Comments

Misc -1 - Various other expenses including GST - Rubbish - Water - Internet. One owners wage has been removed from wages and included in profit.

SBX ID

PM1080