Retail - Under Management - Discount - Variety - Very large shop
Stock Included: —
Stock Value: —
Years Est: —
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Retail - Under Management - Discount - Variety - Western Suburbs - Agent SBX Code Number: SF1293
Retail variety discount store selling gifts, cards, home decor, arts and crafts, glassware, crockery, toys, homewares, party, kitchenware, pet and general basic every day lines. - 3 storerooms.
Suit a working owner or even two families to save on wages and increase profit- Suit many types of retail - Keep as it is and continue to grow the business and increase profit - Keep or change the name - Needs an experienced operator.
Profitable - Very well established - High foot traffic - Large shop front.
Large retail store with an area of 451 sq. mts inside a busy shopping centre
Situated In a premium shopping centre and adjacent to an anchor tenant and surrounded by other shops in Western Suburbs.
7 days - Shopping centre hours
Current lease commenced May 2012 - Expires May, 2020 - C.P.I. increases - 3 month bond
1 Manager + 1 fulltimer + 2 parttimers + 14 - 16 casuals
Misc 1 - Other general expenses including insurance, electricity and phone. - Outgoings included in rent - Managers wage of $1200 p.w. has been removed and shown in net profit. - This business can be sold stand-alone or remain as part of a significant buying group with access to group discounts, range planning and warehouse expertise and facilities.- Existing fully computerised point of sale system with SKU set up and on-site office support and internal security systems in place. - Full transparency on sales, gross margin and expenses available for confidential audit if required. - Staff should be prepared to stay on.- A three month handover / training period is available - Experienced operators only - High stock levels of around $500K need to be maintained - A two page confidentiality will need to be signed for more details and meetings must be organised through your broker- First time offered
Agent SBX Code Number: SF1293 - Sydney Business Exchange