Homewares - Under Management - Retail - Variety - Homewares - Variety - Bankstown - Profit $6,546 pw - Sales $32,100 pw - Fashion - SF1427A

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

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

Discount variety store offering homewares, furnishings, stationery, kitchenware, toys, basket-ware, gift- ware, face masks and sanitiser 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. - Suitable for experienced operators - Vendor can show sales reports, invoices and POS

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 31/10/2022 - 5% increases - 2 month bond

Employees
1 Manager + 3 full time staff + 6 casuals

Comments
Misc.- 1 - Other general expenses and GST - Managers wage of $1200 p.w. 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 - 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. A must to inspect but please be very discreet.

Figures
Weekly Sales $32100
Rent (ex GST) $1730
Wages $4200
Profit $6546


Agent SBX Code Number: SF1427A - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$448,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2200

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
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New South Wales
Australia
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