About this opportunity
King of the Pack Tobacconist and Gift Specialist stands as a prominent chain with a presence nationwide. Becoming part of a King of the Pack team will allow you to take advantage of the strong industry relationships and in turn the highly competitive rebate programs and incentives major tobacco suppliers. Nestled in a safe and busy shopping centre precinct on the border of two huge residential catchments, this store offers an unbeatable price point and affords operators a seamless and balanced work-life dynamic. Well established, this business transcends its specialty in tobacco and giftware, now boasting a diverse array of impulse buys and last-minute gift options, thereby bolstering revenue streams. Representing a straightforward yet compelling business model, it serves as a trusted destination for a loyal clientele.
Business Story
This tobacco enterprise prides itself on offering a comprehensive selection of well-known tobacco brands and related products. Going above and beyond, the team ensures friendly service seven days a week, with hours designed for maximum accessibility. The King of the Pack brand has become synonymous with top-tier quality and reliability, serving as a premier supplier of tobacco and associated items across its extensive nationwide network.
King of the Pack Cranbrook holds court in a vibrant shopping centre, with anchor tenants like Coles Supermarket, Kmart, Red Rooster and many other successful retailers. Situated amidst a huge residential catchment and along a busy thoroughfare bustling with traffic, this location has become a staple destination. This store is a meticulously organized retail space, and a striking storefront, it stands as an exemplary retail space.
With a proven track record of steady cash flow, this presents a robust business opportunity. The existing revenue stream ensures a seamless transition for a new owner, with no immediate need for additional investment to drive improvements. Furthermore, upon acquisition, the current owners generously offer a training period to familiarize you with every aspect of running the business. This comprehensive tuition covers all the behind-the-scenes operations, equipping you to seamlessly take the reins and optimize the business for your ownership.
This business operates on a straightforward model, and while the current owner has effectively managed it remotely with a competent staff in position, it would be ideally suited for an owner-operator who can dedicate some hours to provide additional support to casual staff, thus optimizing profitability. If this enticing Tobacconist opportunity in the picturesque seaside setting of Townsville captivates your interest, don't hesitate to reach out by hitting the "enquire now" button or giving us a call today!
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Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.