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Listing ID: 2763938

Business - HomewareHardware Retail - Sales $30900 pw - Variety Homewares Under Management South West Sydney - Profit $6,293 pw For Sale

Sydney, NSW, Australia

$498000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Retail - Variety - Homewares - Under Management - South West Sydney
SBX Business Code: SF1427A
Retail discount variety store offering homewares, furnishings, stationery, kitchenware, toys, basket-ware, gift- ware, clothing, cards, wrapping, party costumes and balloons, pharmacy, grocery lines, hardware, chocolate and confectionery. etc. - Carries a number of exclusive ranges which also sell very well. - This is a large modern air conditioned shop with new 23 security cameras with remote viewing to IPhone or PC. - Good Profit Margins -Suitable for experienced operators

Potential
Expand the local advertising, social media, online store and importing - Add more products - Sell direct to restaurants and clubs with glassware, gifts etc.- An owner operator would increase sales and profit.

Features
Loading dock into the store - High profile location - High discount buying rates with suppliers. - Fully automated with extensive security system. - Fully computerised scanning / POS system in place at registers - Currently under management

Premises
This business has an area of 475 sq.mts. consisting of main retail showroom plus a separate storeroom and office (additional 75 sq.mts) as well as a loading dock.

Location
Top corner location with 3 key entry points into major shopping centre in the Western Suburbs.

Trading Hours
7 days - Mon. - Wed. - 9 a.m - 5.30 p.m. - Thurs. - 9 a.m - 9 p.m. - Fri. - 9 a.m - 5.30 p.m. - Sat. - 9 am - 5 p.m. - Sun. - 10 a.m - 4 p.m

Lease
Current lease expires 31/10/2020 - 5% increases - 3 month bond

Employees
1 Manager + 3 full time staff + 6 casuals

Comments
Misc.- 1 - Other general expenses and GST - Managers wage has been removed and shown in net profit - Even though there is already high gross turnover this shop has lots of potential to further increase sales - A must to inspect but please be very discreet. Loading dock into the store - High profile location - High discount buying rates with suppliers. - Fully automated with extensive security system. - Fully computerised scanning / POS system in place at registers - Currently under management
Figures
Weekly Sales $30900
Rent (ex GST) $4436
Wages $3750
Profit $6293


SBX Business Code: SF1427A

SBX Business Brokers

Property Details

Other Details

Premise Details:

Loading dock into the store - High profile location - High discount buying rates with suppliers. - Fully automated with extensive security system. - Fully computerised scanning / POS system in place at registers - Currently under management

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