Excellent Opportunity to Purchase a Business with Revenue Scale and Strong Profitability
It is not often the opportunity presents to purchase a business with an established revenue base of $17M. A loyal wholesale customer base of 90-100 accounts generating approx $15M annual sales revenue. Shop retail sales > $1M and Lotto Agency with recurring commission income of $154,000.
The city based store is located on the north west coast of Tasmania, and is all set up ready to operate, with automated systems and excellent security in place.
A long lease is secured with very reasonable rental.
The nature of the business and the customer base creates a barrier to entry for new competitors with strong customer loyalty and sales volume required to be viable.
The owner and current manager are relocating back to NSW for family reasons. This is a business which can be easily operated by a family assisted by 2-3 casual staff.
The store location is an established and loved shopping district for locals avoiding the main CBD parking hassles.
Highlights:
Annual sales revenue $17M
Established wholesale tobacconist and retailer of 35 years
Statewide base of loyal customers with 90-100 wholesale accounts with $15M revenue
Strong retail location
One of only 3 Lotto Agencies in north west coast Tasmania city location
Business can be easily operated by a family with 2-3 casuals
Long lease in place with reasonable rental
Owner will assist with suitable handover
Click the Email box and fill in your details. Or call 0448 887 398 (Chris)
Once we receive your enquiry we will send you the online confidentiality agreement to complete so we can provide you the detailed Business Profile. Please note the location advertised may not be the true location due to client confidentiality.
FINN BUSINESS SALES TASMANIA website: https://tasmania.thefinngroup.com.au
