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Homewares - Under Management - Retail - Variety - Homewares - Variety - Bankstown - Profit $6,148 Pw - Sales $31,100 Pw - Fashion For Sale

Sydney, New South Wales, Australia
Asking Price:
$398,000 (AUD)
Sales Revenue:
$1,617,200 (AUD)
Cash Flow:
$319,696 (AUD)

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. - Suitable for experienced operators - Vendor can show sales reports, invoices and POS

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 - (A new lease is currently under negotiation).

Employees
1 Manager + 3 full time staff + 6 casuals

Comments

Property Information

Location:

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

Business Operation

Expansion 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.

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

Employees:
1 Manager + 3 full time staff + 6 casuals
Years established:
2007

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