Visit this listing at https://www.sbx.com.au/business?id=SF1557

Business Code: SF1557

Key Features: Perfume - Netts $4,347 p.w.- New lease - Recently renovated - High margins

State: NSW

Suburb: Penrith, 2750

Location: Situated in busy shopping centre next to major retail anchor tenant, close to the train station and surrounded by residential and lots of commercial in the Western Suburbs

Description

Retail perfume boutique offering luxury, niche and design perfumes and stockists of upmarket, well known and sought after mens and womens fragrances offered at a substantial discount. - All products are top quality brands, guaranteed original designer fragrances and a perfect gift to suit any style and budget. - Also carries some exclusive brands - Name should be available by negotiation - A recent new lease and $250,000 upgrade and fitout cost has been done in late 2018

Summary

  • Features: New lease - Recently renovated - Great location - High margin products - Low overheads - Very easy to run - Very strong brand - Under Management - Well established for 10 years
  • Potential: Would also suit an owner operator - Expand online store - Do some advertising and marketing
  • Premises: Brand new fit out and luxury makeover with very good exposure to the centre adn has an area of 65m2
  • Trading Hours: 7 days - Mon. - Tues. - Wed. and Fri. - 9 a.m. - 5.30 p.m. - Thurs. - 9 a.m. - 9 p.m. - Sat. - 9 a.m. - 5 p.m.- Sun. - 10 a.m. - 5 p.m. (Shopping centre hours)
  • Lease: Current lease expires 30th Sept. 2025. - 5% increases - 3 month bond.
  • Employees: 1 Manager + 4 - 5 casuals
  • Comments: Misc.- 1 - Other general expenses - Weekly sales exclude GST - This shop has been recently renovated so nothing to spend and no upgrades required. - Name may be available by negotiation with the vendor - The Managers wages of $1100 p.w. has been removed and shown in net profit as if for an owner operator -

Weekly Summary

Weekly Takings (inc GST)

$30,500

Cost of Goods

$20,500

Gross Profit

$10,000

Rent

$2,867

Wages

$2,040

Outgoings

$236

Telephone

$20

Insurance

$140

Electricity

$50

Misc1

$300

Total Expenses

$5,653

Estimated Stock (Additional)

$150,000

Net Profit

$4,347

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Perfume - Gifts - Under Management

Business Code: SF1557

Key Features: Perfume - Netts $4,347 p.w.- New lease - Recently renovated - High margins

State: NSW

Suburb: Penrith, 2750

Location: Situated in busy shopping centre next to major retail anchor tenant, close to the train station and surrounded by residential and lots of commercial in the Western Suburbs

Description

Retail perfume boutique offering luxury, niche and design perfumes and stockists of upmarket, well known and sought after mens and womens fragrances offered at a substantial discount. - All products are top quality brands, guaranteed original designer fragrances and a perfect gift to suit any style and budget. - Also carries some exclusive brands - Name should be available by negotiation - A recent new lease and $250,000 upgrade and fitout cost has been done in late 2018

Summary

  • Features: New lease - Recently renovated - Great location - High margin products - Low overheads - Very easy to run - Very strong brand - Under Management - Well established for 10 years
  • Potential: Would also suit an owner operator - Expand online store - Do some advertising and marketing
  • Premises: Brand new fit out and luxury makeover with very good exposure to the centre adn has an area of 65m2
  • Trading Hours: 7 days - Mon. - Tues. - Wed. and Fri. - 9 a.m. - 5.30 p.m. - Thurs. - 9 a.m. - 9 p.m. - Sat. - 9 a.m. - 5 p.m.- Sun. - 10 a.m. - 5 p.m. (Shopping centre hours)
  • Lease: Current lease expires 30th Sept. 2025. - 5% increases - 3 month bond.
  • Employees: 1 Manager + 4 - 5 casuals
  • Comments: Misc.- 1 - Other general expenses - Weekly sales exclude GST - This shop has been recently renovated so nothing to spend and no upgrades required. - Name may be available by negotiation with the vendor - The Managers wages of $1100 p.w. has been removed and shown in net profit as if for an owner operator -

Weekly Summary

Weekly Takings
(inc GST)

$30,500

Cost of Goods

$20,500

Gross Profit

$10,000

Rent (ex GST)

$2,867

Wages

$2,040

Outgoings

$236

Telephone

$20

Insurance

$140

Electricity

$50

Misc1

$300

Total Expenses

$5,653

Estimated Stock (Additional)

$150,000

Net Profit

$4,347

Price

$298,000

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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.