Visit this listing at https://www.sbx.com.au/business?id=GN1334

Business Code: GN1334

Key Features: Homewares - Kitchenware - Well established

State: NSW

Location: Situated in boutique shopping centre in the Northern Beaches

Description

Retail store selling a comprehensive productive range of kitchenware - homewares - gadgets and much more. - Kitchenware products range is of the highest quality, function and style. - One stop shop for something for the home to specialist professional kitchen ware.

Summary

  • Features: Well established business in affluent area on Northern Beaches.
  • Potential: Great potential for owner operator to set up online sales.
  • Premises: Very well presented shop with an area of 75m2.
  • Trading Hours: 7 days - Shopping centre hours
  • Lease: 5 year lease from March 2017 - 5% annual increases - 3 months bank guarantee.
  • Employees: One Manager. + 4 casuals
  • Comments: Managers wage of $1,000 a week has been removed from wages and shown in net profit as if for an owner operator.

Weekly Summary

Weekly Takings (inc GST)

$10,248

Cost of Goods

$4,785

Gross Profit

$5,463

Rent

$2,559

Wages

$1,644

Insurance

$50

Electricity

$36

Misc1

$174

Total Expenses

$4,463

Estimated Stock (Additional)

$72,000

Net Profit

$1,000

Price

$55,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Homewares. - Kitchenware

Business Code: GN1334
Price: $55,000

Key Features: Homewares - Kitchenware - Well established

State: NSW

Location: Situated in boutique shopping centre in the Northern Beaches

Description

Retail store selling a comprehensive productive range of kitchenware - homewares - gadgets and much more. - Kitchenware products range is of the highest quality, function and style. - One stop shop for something for the home to specialist professional kitchen ware.

Summary

  • Features: Well established business in affluent area on Northern Beaches.
  • Potential: Great potential for owner operator to set up online sales.
  • Premises: Very well presented shop with an area of 75m2.
  • Trading Hours: 7 days - Shopping centre hours
  • Lease: 5 year lease from March 2017 - 5% annual increases - 3 months bank guarantee.
  • Employees: One Manager. + 4 casuals
  • Comments: Managers wage of $1,000 a week has been removed from wages and shown in net profit as if for an owner operator.

Weekly Summary

Weekly Takings
(inc GST)

$10,248

Cost of Goods

$4,785

Gross Profit

$5,463

Rent (ex GST)

$2,559

Wages

$1,644

Insurance

$50

Electricity

$36

Misc1

$174

Total Expenses

$4,463

Estimated Stock (Additional)

$72,000

Net Profit

$1,000

Price

$55,000

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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.