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Urgent Sale Bargain Retiring Owner 15 Yr

Business for Sale
balaclava VIC

This Gift Store business established 15 years ago, recently moved metres down the street to new location. Owner forced to sell for health reasons. 40 years buying experience to learn from. 10 Y lease

Price $89,000 WIWO

URGENT SALE BARGAIN RETIRING OWNER 15 YR

Stock Included:
Stock Value:
Years Est: 15
Gross Revenue:
This Gift Store business established 15 years ago, recently moved metres down the street to new location. Owner forced to sell for health reasons. 40 years buying experience to learn from. 10 Y lease

Revenue | $6,500 pw

Rent | $1,403 pw

About the Business

Carlisle St is one of Melbourne’s most Iconic shopping strips. With zero vacancies, this stretch of prime Melbourne real estate is highly sought-after. This highly visible business- is located on the main shopping strip with a variety of specialty shops, services and iconic food options surrounding.

It’s 15-year history have cemented this business as the go-to gift store in the area.

Lease | 10/2019- 5+5 options

Hours | 9-6 pm 7 days

Rent | $73,000 PA Plus GST

Skill | Buying, customer service, cash flow management, staff management- Full trainng provided.

Staff 1 x Full Time 9-6pm | 1 X Casual 11-4pm

Potential | Addition of Website, discount to schools, social media & SEO, new product ranges.

Reason for Sale | Retiring/Health

History | 15-year trading history. (Current address 3 x months. 30 metre move)

About the Business| Owners contribution

Owner works 15 hours per week.

Selling candles, homeware, kitchenware, stationery, toys, party-ware, painting, souvenir, storage, and pet accessories.

Appealing for an owner operator/family, this businesses history in the local community promises ongoing success given its 15-year street presence and strength of trading. An institution known by generations presents an excellent opportunity for a new owner to build upon and take to another level.

• 15 years established

• 40 years’ buying experience to learn from retiring owner

• Iconic Melbourne shopping strip

• Train and tram stop metres away

• Local institution loved by all

• 10 Year lease remaining

• Full training provided

• Price includes stock

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.

Contact Seller

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Visit Website

Contact: Sean McBride
Phone: +61404478829
Mobile: 0404478829
Bsale ID: 252063
Agent ID: 32457-218827




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