Elna Sewing Machines Dealer Fabrics & Haberdashery Retailer For Sale

Business description

URGENT SALE REQUIRED
$220,000 WIWO (negotiable)

OPPORTUNITY
The sale of the business represents a good opportunity for a motivated buyer to acquire, at stock value, a well-established sewing and fabrics retailer in one of the Southern suburbs of Brisbane. Opportunities exist to grow the business through clever marketing and the development of a greater online presence. Ideal for a buyer interested in the sewing/fabrics industry with a desire to live a comfortable and low stress lifestyle and to further develop this business with a lot of untapped potential. The vendors have decided to retire and will consider all reasonable offers.

OPERATIONAL
The business focuses on selling sewing machines, fabrics and related accessories (haberdashery), doing alterations and repairing sewing machines (all brands). The business is the only Elna machines dealer in surrounding suburbs. The business was started in 1987 by a couple who strived to steadily grow this business over the years at a very relaxed pace; this resulted in a very regular and loyal clientele. The business is open six days per week and is a low stress venture.

BUSINESS ASSETS
The available business assets include the stock and all relevant furniture and fittings.

Property information

Real Estate:

Lease

Lease terms:

Rent: $1,300 pcm (inclusive of outgoings and GST)
Lease: month to month basis
(flexible landlord keen to get a tenant)

Location:

The business is located in one of the Southern suburbs of Brisbane. The Brisbane-Gold Coast Corridor is one of the fastest growing areas in Australia and boasts several major established retail centres as well as commercial and industrial hubs. This is a retail intensive area.

Premises details:

Type: Leased retail
Area: 80 sqm (approx)

Other information

Trading hours:

6 days trading
8.30am – 5.00pm Mon to Fri
8.30am – 1.00pm Sat