General Description
Retail sewing & craft shop. Stock includes haberdashery, wool, beads, knitting, fabric, patchwork, ribbons, laces etc. Janome agent. Sewing classes each week and the classroom holds up to 18 people comfortably.
Potential
There is additional room to put on more classes for the many local craft groups. Present income is a reflection of the present owner being ill hence the income could be dramatically improved.
Features
Plenty of space and well known in a large geographical area with a large customer base.
Premises
This business has an area of 480 sq. mts. and is in a ewly renovated shopping complex. Consists of 2 shops without dividing wall.
Location
Situated in Port Stephens, central to all areas.
Trading Hours
5.5 days - Mon to Fri - 9am to 5pm - Sat - 9am to 12noon
Lease
Expires Dec 2009 with 2 year option. Possibility of negotiating a new lease with the landlord.
Employees
1 owner
Comments
This is a really stable business that has operated as a craft shop for 30 years. New owners would have to re-apply to Janome. Business is priced for immediate sale.
|
| Weekly Takings |
$2,200 |
| Cost of Goods |
$970 |
| Gross Profit |
$1,230 |
| Rent |
$500 |
| Wages |
$ |
| Outgoings |
$60 |
| Telephone |
$32 |
| Insurance |
$37 |
| Electricity |
$25 |
| Gas |
$ |
| Misc 1 |
$150 |
| Misc 2 |
$ |
| Total Expenses |
$804 |
| Nett Profit |
$426 |
Price |
$25,000 |
Estimated Stock |
40,000 |
| (Additional) |
Equipment |
|
| (Included) |
|
