MONEY LEND SHOP/PAWN BROKER - SECONHAND JEWELLRY

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


Key Strengths:


About the business

Phone enquiries - please quote property ID 11943

EASY TO RUN, AND WELL RESPECTED BUSINESS ESTABLISHED SINCE 1993 WITH CURRENT OWNER!

This busy shop sells all kind of second hand goods and jewellery. Opens 6 days (Option to open 7),

9am - 5.30pm Monday to Friday 9am - 4pm Saturday.

It requires two people to run, so is ideal for a husband and wife team.

NO EXPERIENCE IS NECESSARY!

All tax returns showing all profits available upon request.
Earn money from the day you walk in.
Solid Repeat Business and clientele
Leased Premises with good lease in place.
Well laid out shop.

This is a solid business which should not be missed. No Experience is necessary. Owner happy to assist in transition. Definately needs 2 people, very busy. GREAT BUSINESS in this economical climate!

To find out more, contact owner today.
Know someone that could be interested in this?
Asking Price:
$80,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2194

Locality

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Established on
1999

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

Email Broker Verified

Advertiser Details
Company Logo
Victoria
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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