Established Freehold Toy Store with No Competition
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What a fantastic business this would be for a husband and wife team, searching for a well-priced, high turnover business with plenty of potential for expansion.
This great toy store enjoys a prime location, and no competition, in the Queensland town of Biloela, 120km from Gladstone, at the junction of the Burnett and Dawson highways.
Boasting excellent schools and facilities, Biloela is in Banana Shire, known as the Shire of Opportunity, due to its diverse range of industries, growing economy and many attractions.
Established around 30 years ago, this freehold business is the only specialised toy store for 140km, selling toys, bikes and other related items. The current owners purchased this business in 2000 after moving to Australia from Holland.
The 600sqm building is currently divided into two shops, so there's potential to boost your income by leasing out the second space.
Alternatively, given the lack of competition in the area, a new owner might like to extend the product range, by adding sporting goods.
At a glance:
* Main street location, good parking and close to banks / shopping centre
* Turnover approx $450,000 - $500,000 including GST - nett profit approx $100,000
* $130,000 stock - $30,000 fixtures and fittings
Well established with a healthy turnover and plenty of potential to expand and grow, this is a fantastic business opportunity in one of Queensland's fastest growing economies.