Visit this listing at https://www.sbx.com.au/business?id=G1625

Business Code: G1625

Key Features: Homewares - Sales $14,000 p.w - Retail - Gifts - Armidale Nsw near Tamworth Nsw - Profit $4,000 p.w - Armidale Nsw near Tamworth

State: NSW

Suburb: Armidale, 2350

Location: Situated opposite major supermarket in shopping centre with a number of other specialty shops in New England area.

Description

Retail homewares store also selling kitchenware, gourmet foods and specialty gifts. - This is a huge, well organised shop which is highly profitable, requires very little staffing and does not need an operator with previous retail experience. - There are systems in place for everything. - They use 'Retail Express' for ordering and stock control. - Shop fitout cost was $150,000.

Summary

  • Features: Profitable - Easy to run. - 17 year lease with very cheap rent. - Average mark up items of 215%. - Opposite major Supermarket that is in the top 10 highest performing in NSW.
  • Potential: 2 owners could easily run the business with the help of a casual. - Recently started an email list for specials and new product lines. -Just launched a VIP club . -Recently introduced 4 specials bins out the front that have been written into the lease and have been hugely successful.
  • Premises: Huge 125 sq. mt, retail space with 31 sq. mt. storage area.
  • Trading Hours: 7 days - Shopping centre hours
  • Lease: 10 + 7 year lease commenced 1st January, 2016 - 3% increases p.a. - $10,000 Bond
  • Employees: 1 full time owner + 1 casual owner + 1 fulltimer + 1 casual
  • Comments: Average sales figures are GST inclusive. - Wages are based on 1 owner working 40 hours and the other working 20 hours per week. - Telephone includes internet. - Insurance includes workers comp. - Misc. 1 is GST. - Misc. 2 is other operating expenses. - Figures available for approved buyers. - Great investment for a family.

Weekly Summary

Weekly Takings (inc GST)

$14,000

Cost of Goods

$6,500

Gross Profit

$7,500

Rent

$757

Wages

$1,300

Outgoings

$50

Telephone

$35

Insurance

$62

Electricity

$90

Misc1

$450

Misc2

$756

Total Expenses

$3,500

Estimated Stock (Additional)

$100,000

Net Profit

$4,000

Price

$79,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Homewares - Retail

Business Code: G1625

Key Features: Homewares - Sales $14,000 p.w - Retail - Gifts - Armidale Nsw near Tamworth Nsw - Profit $4,000 p.w - Armidale Nsw near Tamworth

State: NSW

Suburb: Armidale, 2350

Location: Situated opposite major supermarket in shopping centre with a number of other specialty shops in New England area.

Description

Retail homewares store also selling kitchenware, gourmet foods and specialty gifts. - This is a huge, well organised shop which is highly profitable, requires very little staffing and does not need an operator with previous retail experience. - There are systems in place for everything. - They use 'Retail Express' for ordering and stock control. - Shop fitout cost was $150,000.

Summary

  • Features: Profitable - Easy to run. - 17 year lease with very cheap rent. - Average mark up items of 215%. - Opposite major Supermarket that is in the top 10 highest performing in NSW.
  • Potential: 2 owners could easily run the business with the help of a casual. - Recently started an email list for specials and new product lines. -Just launched a VIP club . -Recently introduced 4 specials bins out the front that have been written into the lease and have been hugely successful.
  • Premises: Huge 125 sq. mt, retail space with 31 sq. mt. storage area.
  • Trading Hours: 7 days - Shopping centre hours
  • Lease: 10 + 7 year lease commenced 1st January, 2016 - 3% increases p.a. - $10,000 Bond
  • Employees: 1 full time owner + 1 casual owner + 1 fulltimer + 1 casual
  • Comments: Average sales figures are GST inclusive. - Wages are based on 1 owner working 40 hours and the other working 20 hours per week. - Telephone includes internet. - Insurance includes workers comp. - Misc. 1 is GST. - Misc. 2 is other operating expenses. - Figures available for approved buyers. - Great investment for a family.

Weekly Summary

Weekly Takings
(inc GST)

$14,000

Cost of Goods

$6,500

Gross Profit

$7,500

Rent (ex GST)

$757

Wages

$1,300

Outgoings

$50

Telephone

$35

Insurance

$62

Electricity

$90

Misc1

$450

Misc2

$756

Total Expenses

$3,500

Estimated Stock (Additional)

$100,000

Net Profit

$4,000

Price

$79,000

 Print

Enquire about this listing



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.