Blue Chip Retail on the Sunshine Coast
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Business for sale on the Sunshine Coast – Brett Barton 0408 607 344 of Verified Businesses has pleasure in presenting this large scale retail business for sale.
This outstanding Blue Chip opportunity is located in one of the Sunshine Coasts most sought after locations and allows for you to own and run the business with a quality lifestyle as well. Current owners have had the business since 2008 after a short break from the industry but were drawn back due to various opportunities.
• Revenue of excess of $4,000,000 per annum
• 60% Gross Profit with estimated $1,300,000 net profits to the owners (2019)
• Net to owners in (2018) was $1,100,000
• Secure leases in place on all tenancies and warehouse storage
• Organic growth over past years with that continuing in current YTD
• Business has been trading since 1991
• Currently full team of long standing staff and manager in place
The current owners both work on average 20 hours per week on the ordering, staff management and the layout and styles of the shop itself. The business also allows for a number of international buying holidays to India, China & Indonesia to gain the best possible margins and products while there are also Australian suppliers which would make up approximately 30% of total purchases.
A true Blue Chip business located on the Sunshine Coast with $1,000,000 plus net profits and could also be run completely under management if desired.
Businesses like this do not come on the market too often and it should gain some positive interest from a vast array of buyers so secure your financial future and arrange an inspection.
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