Visit this listing at https://www.sbx.com.au/business?id=MF1004

Business Code: MF1004

Key Features: Top location

State: NSW

Location: Premium location in Chinatown area with new residential construction nearby.

Description

Retail souvenir shop selling Australian tax free gifts- Local brand health care products, skin care products, wool products, etc - Many overseas visitors are clients and come as a group with tour guide.

Summary

  • Features: Easy to run - High profit margin - Well established - Well known - Loyal customers
  • Potential: Lots of potential. - More connections with travel agencies. - More marketing - Add Chinese Daigou items.
  • Premises: This business has an area of 90 m2 with 15 m2 storage area + 2 offices + 1 bathroom
  • Trading Hours: 7 days - Mon. - Sun. - 11:00 a.m. - 7:00 p.m.
  • Lease: Current lease expires 31st Jan. 2022 - 6 months bond - 3% rent increases every year.
  • Employees: 1 owner + 1 fulltimer
  • Comments: Rent includes all outgoings, - A motivated new owner or couple could greatly increase sales and profit.

Weekly Summary

Weekly Takings (inc GST)

$7,500

Cost of Goods

$4,000

Gross Profit

$3,500

Rent

$1,454

Wages

$840

Telephone

$21

Insurance

$30

Electricity

$47

Total Expenses

$2,392

Estimated Stock (Additional)

$40,000

Net Profit

$1,108

Price

$140,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Souvenirs - Gifts

Business Code: MF1004

Key Features: Top location

State: NSW

Location: Premium location in Chinatown area with new residential construction nearby.

Description

Retail souvenir shop selling Australian tax free gifts- Local brand health care products, skin care products, wool products, etc - Many overseas visitors are clients and come as a group with tour guide.

Summary

  • Features: Easy to run - High profit margin - Well established - Well known - Loyal customers
  • Potential: Lots of potential. - More connections with travel agencies. - More marketing - Add Chinese Daigou items.
  • Premises: This business has an area of 90 m2 with 15 m2 storage area + 2 offices + 1 bathroom
  • Trading Hours: 7 days - Mon. - Sun. - 11:00 a.m. - 7:00 p.m.
  • Lease: Current lease expires 31st Jan. 2022 - 6 months bond - 3% rent increases every year.
  • Employees: 1 owner + 1 fulltimer
  • Comments: Rent includes all outgoings, - A motivated new owner or couple could greatly increase sales and profit.

Weekly Summary

Weekly Takings
(inc GST)

$7,500

Cost of Goods

$4,000

Gross Profit

$3,500

Rent

$1,454

Wages

$840

Telephone

$21

Insurance

$30

Electricity

$47

Total Expenses

$2,392

Estimated Stock (Additional)

$40,000

Net Profit

$1,108

Price

$140,000

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