Visit this listing at https://www.sbx.com.au/business?id=GN1335

Business Code: GN1335

Key Features: Kitchen & tableware - Net profit $2,470 - North Shore

State: NSW

Location: Busy shopping centre on the Upper North Shore.

Description

Retail store selling a comprehensive productive range of kitchenware - homewares - gadgets and much more. - Kitchenware product 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 the Upper North Shore.
  • Potential: Great potential for owner operator to set up online sales.
  • Premises: Well displayed shop with an area of 125m2.
  • Trading Hours: 7 days - Shopping centre hours
  • Lease: 7 year lease commenced 9th May, 2016 - 3 months bank guarantee - 5% annual increases.
  • Employees: One Manager +. 7 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)

$22,611

Cost of Goods

$10,683

Gross Profit

$11,928

Rent

$4,497

Wages

$4,600

Insurance

$50

Electricity

$42

Misc1

$269

Total Expenses

$9,458

Estimated Stock (Additional)

$94,000

Net Profit

$2,470

Price

$126,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Kitchenware - Homewares

Business Code: GN1335
Price: $126,000

Key Features: Kitchen & tableware - Net profit $2,470 - North Shore

State: NSW

Location: Busy shopping centre on the Upper North Shore.

Description

Retail store selling a comprehensive productive range of kitchenware - homewares - gadgets and much more. - Kitchenware product 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 the Upper North Shore.
  • Potential: Great potential for owner operator to set up online sales.
  • Premises: Well displayed shop with an area of 125m2.
  • Trading Hours: 7 days - Shopping centre hours
  • Lease: 7 year lease commenced 9th May, 2016 - 3 months bank guarantee - 5% annual increases.
  • Employees: One Manager +. 7 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)

$22,611

Cost of Goods

$10,683

Gross Profit

$11,928

Rent (ex GST)

$4,497

Wages

$4,600

Insurance

$50

Electricity

$42

Misc1

$269

Total Expenses

$9,458

Estimated Stock (Additional)

$94,000

Net Profit

$2,470

Price

$126,000

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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.