, Pyrmont NSW

For Sale

Food/Hospitality

$1,150,000

150m2

    • Brochure [ File 1 ]
    • Franchise Franchise Resale
    • Annual Turnover 810000
    • Annual Gross Profit 485000
    • Annual Ebit 428300

Business Headline : Tobacconist in Darling Harbour Pyrmont - Huge & Growing


Price : $1,150,000


Category : Food/Hospitality, Franchise, Retail, Retailer, Entertainment/Tech


Tobacconist in a Golden location - Darling Harbour, Pyrmont


Due to health reasons, this high-profit shop is for sale to a new owner.


Annual profit is $400,000+, the whole business is growing fast due to an impressive percentage of high margin gifts and tobacco accessories. The current owner is importing some of the products in store.


Current trading hours are from 8am to 11pm, with a lot of potential growth with a 24 hour trading license.


Lease is 2 years + 3 years option and the landlord is willing to extend with 5 years + 5 years option of the new owner.


Price is $1.15 million, exclusively via ABBA Group


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3896246#enquire-now

Annual Rent : $56,400 -
Weekly Rent : $1,085


Annual Turnover : $810,000 -
Weekly Turnover : $15,577


Annual Gross Profit : $485,000 -
Weekly Gross Profit : $9,327


Annual Ebit : $428,300 -
Weekly Ebit : $8,237


Premise : Leased


Lease Commencement : Jan 2016


Lease End : Dec 2020


Lease Option:
3 years


Total Floor Area : 150 Square Metres


Total No of Parking : 1



Franchise : Franchise Resale


Approximate Stock Value : $175,000


Year Established : 2016


Days Trading : 7


Reason for Sale : The owner is selling due to health reasons


Location : High Traffic Tourist Hot Spot - Darling Harbour


Business Potential : Potential for growth with an extended 24 hour trading license.


Parking Comments : 1 car - 1 separate parking