- Price: $375,000 + SAV
- Categories: Retail
Bendigo's best known supplier of trophies, gifts and name badges has been serving the Central Victorian community for over 40 years.
*Average weekly takings of $9,000
*List of hundreds of long term clients
*Over 40 years in the business
*Includes $180,000 worth of assets and equipment
*Supplies hundreds of trophies, name badges and gifts to
*Central Victoria
*Retail shopfront with ample parking and steady foot traffic
*Negotiable lease terms
Nathan Hulls and the team at LINK Melbourne are thrilled to present a well-established specialty retail shop in Bendigo, Central Victoria to the market.
A longstanding trophies and gifts shop in Bendigo has served its community for over 40 years, offering trophies, name badges, gifts and engraving services to schools, clubs and businesses across Central Victoria. It has also supplied products to various sectors locally and internationally, including New Zealand, defense forces and government agencies.
Financially profitable, the business has allowed the current owners to work part time, and at the same time, travel for months of the year with the confidence that the well established team of staff have the business and clients looked after.
Staffed by a team of two full-time, two part-time and one casual employee, alongside the husband-and-wife owners who work Part Time, the business is well-equipped with advanced equipment and technology valued at $180,000.
Situated in a central location, its retail shopfront benefits from ample off-street parking and steady foot traffic, with flexible lease arrangements possible for the right buyer.
The owners, who started the business 48 years ago, are willing to provide training and have various manuals in place. With retirement plans underway, a new owner could explore multiple growth avenues, especially in online sales, with massive opportunities to expand and grow.
Revenue and profits are on the increase with an average revenue growth of 35% year on year for the past 3 years. This business is primed and ready for a new lease of vision and energy to take it to new heights.
For a detailed Information Memorandum please submit and enquiry and Nathan will be in touch.
