Retail - Jewellery - Repairs

Business Code: FS1069


Key Features: In centre

State: NSW

Suburb: Wollongong

Location: Situated in a major shopping centre in Illawarra region.

Description

Retail shop offering a range of services including watch repairs, shoe repairs, jewellery repairs, engraving, key cutting etc. - Also sells imported watches, automobile remote controls & batteries etc.

Summary

  • Features: No competition - No experience required, Training will be provided. - Very low cost.

  • Potential: Could introduce more product lines.-Approach local real estate agencies for key cutting services.

  • Premises: Kiosk with an area of 25 sq. mts.

  • Trading Hours: 7 days - Mon. - Fri. - 9:00 a.m. - 5:00 p.m.- Sat. - 9:00 a.m.- 4:00 p.m.- Sun. - 10:00 a.m.- 4:00 p.m.

  • Lease: Current lease expires on Aug 2020. - 5% rent increases - 3 months bond required.

  • Employees: One owner + one casual.

  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$3,500

Cost of Goods

$400

Gross Profit

$3,100

Rent

$1,250

Wages

$350

Outgoings

$120

Telephone

$50

Insurance

$50

Electricity

$60

Total Expenses

$2,100

Estimated Stock (Additional)

$15,000

Equipment (Included)

$50,000

Net Profit

$1,000

Price

$35,000

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