Boutique Domestic Lighting Retail Business, Mackay Qld For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Newly resigned retail business 3 year lease, November 2023 and ends 31st October 2026. Options to renew are 2 x 3 years.

Location:

Located on one of Mackay's busiest roundabouts, there's 3 local schools nearby, major sporting complexs and the airport just down the road, provides a prime location for passing traffic every day of the week. There is also ample offstreet parking.

Business Operation

Expansion Potential:

There are various opportunities for growth in this business, but a greater focus on the established website & online sales is an area that could significantly benefit. We have access to commercial/industrial light fittings, & landscaping/gardening lighting that both areas of potential growth that haven't been explored. Customers always ask if we fit the products we sell so, if you were an electrical services business, we think this business could help you grow significantly.

Competition / Market:

Limited competition. Within the Mackay and Whitsunday region apart from Beacon Lighting, we are the only independent Lighting & ceiling fan store, within a radius of nearly 1000kms.

Reasons for selling:

We have been in this business for over 16 years and are looking to spend some quality time with our family before trying a new adventure.

Trading hours:

Monday to Friday 8:30am to 5pm and Saturdays 9:00am to 1:00pm.

Employees:

2 x Business Owners

Years established:

42

Other Information

Support & training:

Steve and Teresa are willing to work with remuneration for a period of three months on the basis of three full days per week. Thereafter, they are prepared to assist the purchaser, either remotely or in person, on reasonable remuneration and expense reimbursement.

Relocatable:

This business can be relocated.