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Retail - Variety - Homewares - Under Management - Great...

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Retail - Variety - Homewares - Under Management - Great location
NSW

Retail - Variety - Homewares - Under Management - South West Sydney - Agent SBX Code Number: SF1427A Retail discount variety store offering homewares, furnishings, stationery, kitchenware...

Price $698,000.00

Retail - Variety - Homewares - Under Management - Great location

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Retail - Variety - Homewares - Under Management - South West Sydney - Agent SBX Code Number: SF1427A



Retail discount variety store offering homewares, furnishings, stationery, kitchenware, toys, basket-ware, gift- ware, clothing, cards, wrapping, party costumes and balloons, pharmacy, grocery lines, hardware, chocolate and confectionery. etc. - Carries a number of exclusive ranges which also sell very well. - This is a large modern air conditioned shop with new 23 security cameras with remote viewing to IPhone or PC. - Good Profit Margins -Suitable for experienced operators



Potential

Expand the local advertising, social media, online store and importing - Add more products - Sell direct to restaurants and clubs with glassware, gifts etc.- An owner operator would increase sales and profit.



Features

Loading dock into the store - High profile location - High discount buying rates with suppliers. - Fully automated with extensive security system. - Fully computerised scanning / POS system in place at registers - Currently under management



Premises

This business has an area of 475 sq.mts. consisting of main retail showroom plus a separate storeroom and office (additional 75 sq.mts) as well as a loading dock.



Location

Top corner location with 3 key entry points into major shopping centre in the Western Suburbs.



Trading Hours

7 days - Mon. - Wed. - 9 a.m - 5.30 p.m. - Thurs. - 9 a.m - 9 p.m. - Fri. - 9 a.m - 5.30 p.m. - Sat. - 9 am - 5 p.m. - Sun. - 10 a.m - 4 p.m



Lease

Current lease expires 31/10/2020 - 5% increases - 3 month bond



Employees

1 Manager + 3 full time staff + 6 casuals



Comments

Misc.- 1 - Other general expenses and GST - Managers wage has been removed and shown in net profit - Even though there is already high gross turnover this shop has lots of potential to further increase sales - A must to inspect but please be very discreet.



Agent SBX Code Number: SF1427A - Sydney Business Exchange

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163034
SBX ID: SF1427A




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