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Retail - Tiles - Inner West - (Code: G1673F)

Vendor finance available

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Price: $99,000






Weekly Takings (inc GST) $13,500
Cost of Goods $7,741
Gross Profit $5,759
Rent $1,838
Wages $550
Outgoings $
Telephone $15
Insurance $60
Electricity $50
Gas $
Misc 1 $296
Misc 2 $
Total Expenses $2,809
Net Profit $2,950
Coffee Kilos P/W 0.0

Estimated Stock

$200,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Retail tile company with established builder customer base and large annual turnover selling full range of tiles to cater for all needs. - Indoor and outdoor tiles catered for with established turnover and regular customers. - Over 1600 tiles on display - All stock is local stock .The premises consist of 360 sq. mt. showroom plus a 530 sq.mt. warehouse plus an additional shop of 220 sq.mt. that is currently rented out for $400 plus gst p.w. reducing weekly rent from $2238 down to $1838 p.w.

Potential
Hugh potential to expand customer base and move to multiple locations.

Features
Good location. - Good reputation. - Return customers as well as building company contracts. - Well established brand. - Large annual turnover.

Premises
Well laid out showroom for huge displays with storage area to accommodate large stock supply .

Location
Prime location in a busy residential / business area in Inner West

Trading Hours
7 days - Mon. - Fri. - 8 a.m. - 5 p.m.- Sat. - 9 a.m. - 4 p.m. - Sun. - 11 a.m. - 4 p.m.

Lease
5 + 5 year lease begun in 2016 - 3 month bond - 3% annual increases.

Employees
One owner + 1 Manager ( 4 days p.w.)

Comments
Amount of stock could be optional. - The Vendor would consider providing some vendor finance for the stock. - All offers considered.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXG1673F

For more details please call (02) 9439 4403
or click here to register with us.


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