An established profitable retail business that has recently touched the online space. Easy to sell lifestyle products, and a large base of repeat customers.

SUMMARY

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KEY INFO

Business description

• Retail store nets $120K p/a with owner working 23 hours per week!
• Founded 10 years ago, by current owners, has traded from current location for past last 7 years.
• Sells lifestyle products, most of which is “As seen on TV” items.
• Has both passing trade as well as e-Commerce site, which comprises 20% of sales.
• There is an opportunity to increase margins by sourcing more competitively priced stock.
• Room to improve e-Commerce website.
• Current staff include the owner (part-time) and two casuals.
• Lots of repeat customers.
• Prime location in shopping centre with a excellent rent.
• Stock at cost: $40,000+-
• Accepts cash and credit cards only.
• Uses 100% of current premises.
• Contact agent for asset register.
• Sales are $598K with Net Profit of $150K ex owners 25 hrs p/w.
• Asking $190K o.n.o. plus stock.

Property Information

• Total size: 69sqm, parking at no charge.
• Rental: $7,00 per month gross ex gst.

Other Information

• Trade Hours: Monday to Wednesday and Friday 9am to 5,30pm, Thursday 9am to 9 pm, Saturday 9am to 4pm, Sunday 10am to 4pm. (Can trade longer hours)
• Sales: $598K with Net Profit of $150K ex owners 25 hrs p/w
• Asking: $190K o.n.o. plus stock
• Support and Training: Owner will assist as long as is required!

PROPERTY INFO

• Real Estate:
• Lease Terms:
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• Location: Prime location in shopping centre