Lower North Shore
NSW
$180,000
Retail - MenswearPrice: $275,000Net Profit: $4,900 |
Visit this listing at https://www.sbx.com.au/business?id=CB1489 |
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Business Code: CB1489 Key Features: Menswear - Retail - Southern Highlands - Long Established State: NSW Suburb: Moss Vale, 2577 Location: Prime frontage to main street in busy, high growth long established town in Southern Highlands. DescriptionRetail menswear business, located in a thriving high growth town in the Southern Highlands, and established in 1895 . As the only independent menswear business in the Southern Highlands, it offers a diverse range of services including in-house fine tailored suits and shirts, accessories and high quality clothing from many of the world's leading menswear brands such as RM Williams, Cambridge Clothing, Levi's Jeans, Lee Riders, Daniel Hecher and Ansett Knitwear. Also caters to a strong demand for suit hire, with a busy alteration and embroidery badge service available. The shop carries an exclusive range of general school wear for children of all ages and is the dedicated supplier for a number of local Southern Highlands schools. The business is a member of the buying group Associated Retailers Limited (ARL), with its attendant benefits. The store maintains a strong turnover of stock with a constant flow of new customers availing themselves of the excellent service and well-priced items offered. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information. 
Weekly SummaryWeekly Takings (inc GST)$12,155Cost of Goods$4,325Gross Profit$7,830Rent$1,060Wages$550Telephone$100Insurance$85Electricity$45Misc1$245Misc2$845Total Expenses$2,930Equipment (Included)$50,000Net Profit$4,900Price$275,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Retail - Menswear
Business Code: CB1489Price: $275,000
Key Features: Menswear - Retail - Southern Highlands - Long Established
State: NSW
Suburb: Moss Vale, 2577
Location: Prime frontage to main street in busy, high growth long established town in Southern Highlands.
Description
Retail menswear business, located in a thriving high growth town in the Southern Highlands, and established in 1895 . As the only independent menswear business in the Southern Highlands, it offers a diverse range of services including in-house fine tailored suits and shirts, accessories and high quality clothing from many of the world's leading menswear brands such as RM Williams, Cambridge Clothing, Levi's Jeans, Lee Riders, Daniel Hecher and Ansett Knitwear. Also caters to a strong demand for suit hire, with a busy alteration and embroidery badge service available. The shop carries an exclusive range of general school wear for children of all ages and is the dedicated supplier for a number of local Southern Highlands schools. The business is a member of the buying group Associated Retailers Limited (ARL), with its attendant benefits. The store maintains a strong turnover of stock with a constant flow of new customers availing themselves of the excellent service and well-priced items offered.
Summary
- Features: Very strong local support - Long established - Product range covers all age groups - Only independent menswear establishment in Southern Highlands.
- Potential: Ideal family business - Target social media. - Examine extra trading opportunities as business currently not trading Feb/Mar each year due to family commitments.
- Premises: Attractive and welcoming store, recently fully refurbished and modernised, with excellent display and sales facilities and dedicated area for school wear.
- Trading Hours: 5.5 days - Monday to Friday: 9.00 am to 4.30 pm. Saturday: 9.30 am to 12.30 pm.
- Lease: Current lease commenced August 2023 + 3 + 3 years - Increases 5% - Bond 3 months.
- Employees: 1 owner + 1 casual.
- Sale Reason: Pursue other business interests.
- Comments: Misc.- 1 Advertising ($55) ARL Fee ($60) Computer expenses ($50) Credit card charges ($80) - Misc.- 2- Dry cleaning ($180) Alterations ($455) Sundries ($210) - Member ARL ( Associated Retailers Limited), a buying group. - Price includes stock valued in excess of $100,000.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$12,155
Cost of Goods
$4,325
Gross Profit
$7,830
Rent (ex GST)
$1,060
Wages
$550
Telephone
$100
Insurance
$85
Electricity
$45
Misc1
$245
Misc2
$845
Total Expenses
$2,930
Equipment (Included)
$50,000
Net Profit
$4,900
Price
$275,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.