Visit this listing at https://www.sbx.com.au/business?id=MF1027

Business Code: MF1027

Key Features: Homewares - variety store - North West Sydney - Sales $19,230 p.w.

State: NSW

Location: Situated in a busy North West shopping centre close to foodcourt area with lots of foot traffic.

Description

Retail homewares, gifts and variety store selling full range of daily necessities, gifts, homewares, hardware, clothes, stationery, house hold goods etc. - Has a wide selection of quality goods at the lowest prices.

Summary

  • Features: Very easy to operate. - High margins. - Very large shop.
  • Potential: New business, - Add more selections. - New residential developments in this area keep increasing.
  • Premises: This business has an area of 456 sq. mts. and is in a very organised and good condition.
  • Trading Hours: 7 days - Mon. - Sun. - 9 a.m. - 6 p.m. - Thurs. - 9 a.m. - 9 p.m.
  • Lease: Current 7 year lease commenced Dec 2017 - Outgoings increase 1% per year - Rent increases 5% per year - 3 months bond.
  • Employees: 2 owners + 1 fulltimer
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$19,230

Cost of Goods

$7,692

Gross Profit

$11,538

Rent

$4,186

Wages

$1,050

Telephone

$15

Insurance

$52

Electricity

$108

Misc1

$2,447

Total Expenses

$7,858

Estimated Stock (Additional)

$300,000

Net Profit

$3,680

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Homewares - Variety - Gifts

Business Code: MF1027
Price: $150,000

Key Features: Homewares - variety store - North West Sydney - Sales $19,230 p.w.

State: NSW

Location: Situated in a busy North West shopping centre close to foodcourt area with lots of foot traffic.

Description

Retail homewares, gifts and variety store selling full range of daily necessities, gifts, homewares, hardware, clothes, stationery, house hold goods etc. - Has a wide selection of quality goods at the lowest prices.

Summary

  • Features: Very easy to operate. - High margins. - Very large shop.
  • Potential: New business, - Add more selections. - New residential developments in this area keep increasing.
  • Premises: This business has an area of 456 sq. mts. and is in a very organised and good condition.
  • Trading Hours: 7 days - Mon. - Sun. - 9 a.m. - 6 p.m. - Thurs. - 9 a.m. - 9 p.m.
  • Lease: Current 7 year lease commenced Dec 2017 - Outgoings increase 1% per year - Rent increases 5% per year - 3 months bond.
  • Employees: 2 owners + 1 fulltimer
  • Sale Reason: Retirement
  • Comments: Miscell - 1 - includes outgoings etc. - Very new and organised fit out with high standard quality products. - First time on the market. - A must to inspect.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$19,230

Cost of Goods

$7,692

Gross Profit

$11,538

Rent (ex GST)

$4,186

Wages

$1,050

Telephone

$15

Insurance

$52

Electricity

$108

Misc1

$2,447

Total Expenses

$7,858

Estimated Stock (Additional)

$300,000

Net Profit

$3,680

Price

$150,000

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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.