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Retail - Under Management - Discount - Variety - Very la...

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Retail - Under Management - Discount - Variety - Very large shop
NSW

Retail - Under Management - Discount - Variety - Western Suburbs - Agent SBX Code Number: SF1293 Retail variety discount store selling gifts, cards, home decor, arts and crafts, glasswar...

Price $898,000.00

Retail - Under Management - Discount - Variety - Very large shop

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
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.



Potential

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.



Features

Profitable - Very well established - High foot traffic - Large shop front.



Premises

Large retail store with an area of 451 sq. mts inside a busy shopping centre



Location

Situated In a premium shopping centre and adjacent to an anchor tenant and surrounded by other shops in Western Suburbs.



Trading Hours

7 days - Shopping centre hours



Lease

Current lease commenced May 2012 - Expires May, 2020 - C.P.I. increases - 3 month bond



Employees

1 Manager + 1 fulltimer + 2 parttimers + 14 - 16 casuals



Comments

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 - 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

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 101101
SBX ID: SF1293




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