Visit this listing at https://www.sbx.com.au/business?id=GNG1050

Business Code: GNG1050

Key Features: Retail - Online - Clothing - Balmain NSW - Net $3316 pw.

State: NSW

Suburb: Balmain, 2041

Location: Prominent main street frontage in busy shopping strip surrounded by well-to-do residences in Inner West

Description

Retail & online business selling quality clothing (womens, mens, childrens), homewares, and gifts. - Product range includes fashion garments, glassware, dinnerware, linen & accessories, beauty cosmetics. - Items are selected for quality, beauty, and longevity. - Many customers research online then come to store to complete their purchases, or use Click & Collect. Both are an excellent opportunity for upselling and to reinforce relationships.

Summary

  • Features: Exceptional reputation - Great customer service - Large social media following.
  • Potential: Grow sales further by extending the product range and by expanding existing / new marketing channels. - FY19 online sales increased 64%
  • Premises: Up-market, pristine fit-out. Full-glass frontage with abundant natural light and an area of 110 sq. mts.
  • Trading Hours: 7 days - Mon. - Wed. - Fri. - 10 a.m. to 6 p.m. -Thurs. - 10 a.m. to 7 p.m. - Sat. - 9:30 a.m. to 5 p.m. - Sun. - 10 a.m. to 5 p.m.
  • Lease: 2 + 2 + 2 year lease commenced Sept, 2016. - 3-months bond. - C.P.I. annual increases.
  • Employees: 1 owner + 1 fulltime + casuals as required
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$22,887

Cost of Goods

$12,754

Gross Profit

$10,133

Rent

$2,798

Wages

$2,420

Outgoings

$126

Telephone

$114

Insurance

$193

Electricity

$108

Misc1

$747

Misc2

$311

Total Expenses

$6,817

Estimated Stock (Additional)

$250,000

Net Profit

$3,316

Price

$299,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Online - Clothing - Homewares

Business Code: GNG1050
Price: $299,000

Key Features: Retail - Online - Clothing - Balmain NSW - Net $3316 pw.

State: NSW

Suburb: Balmain, 2041

Location: Prominent main street frontage in busy shopping strip surrounded by well-to-do residences in Inner West

Description

Retail & online business selling quality clothing (womens, mens, childrens), homewares, and gifts. - Product range includes fashion garments, glassware, dinnerware, linen & accessories, beauty cosmetics. - Items are selected for quality, beauty, and longevity. - Many customers research online then come to store to complete their purchases, or use Click & Collect. Both are an excellent opportunity for upselling and to reinforce relationships.

Summary

  • Features: Exceptional reputation - Great customer service - Large social media following.
  • Potential: Grow sales further by extending the product range and by expanding existing / new marketing channels. - FY19 online sales increased 64%
  • Premises: Up-market, pristine fit-out. Full-glass frontage with abundant natural light and an area of 110 sq. mts.
  • Trading Hours: 7 days - Mon. - Wed. - Fri. - 10 a.m. to 6 p.m. -Thurs. - 10 a.m. to 7 p.m. - Sat. - 9:30 a.m. to 5 p.m. - Sun. - 10 a.m. to 5 p.m.
  • Lease: 2 + 2 + 2 year lease commenced Sept, 2016. - 3-months bond. - C.P.I. annual increases.
  • Employees: 1 owner + 1 fulltime + casuals as required
  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$22,887

Cost of Goods

$12,754

Gross Profit

$10,133

Rent (ex GST)

$2,798

Wages

$2,420

Outgoings

$126

Telephone

$114

Insurance

$193

Electricity

$108

Misc1

$747

Misc2

$311

Total Expenses

$6,817

Estimated Stock (Additional)

$250,000

Net Profit

$3,316

Price

$299,000

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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.