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Commercial Sewing Studio In Cairns For Sale

Cairns, Queensland, Australia
Asking Price:
$63,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$100K - $250K (AUD)

Established for 8 years
Complete set-up, able to undertake any type of alterations, dressmaking, made-to-order, soft furnishings.
18 industrial sewing machines, 6-meter-long cutting table, and all accessories.
Retail show room for sewing machines and haberdashery
Sewing training room
Sewing machine repair centre
Very busy dry cleaning agency
Dealerships available

Property Information

Real Estate:

Lease

Lease Terms:

5 years with 3.5 years remaining option to extend.

Leasehold Rent:

$4,625 (AUD) per annum

Location:

Prime high street location for 40,000 + cars passing per day.

Premises Details:

Corner location, good parking, with under cover staff parking at the rear. Lunch room, kitchen. built in fans and air conditioner.

Size in square feet:
180sqm
Planning Consent:

Able to discuss directly with landlord for fitout modification or improvements.

Business Operation

Expansion Potential:

Ability to grow soft furnishing made to order work. Able to undertake more contract sewing work. Able to assist fashion designers to bring their product to market. Able to take on sewing machine agency for example Janome, Juki, Phaff, Brother and Singer. Able to expanded haberdashery to cater for craft and able to develop sewing lessons.

Competition / Market:

No local competition has the capacity or work scope as this business. Most completion are home based or confined in a shopping centre with limited equipment, limited floor space, inconveniently located.

Reasons for selling:

Retirement

Trading hours:

Mon - Fir 8am - 6pm
Sat 10am - 2pm

Employees:
3
Years established:
2016

Other Information

Support & training:

Up to 4 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Vendor finance - 50% down and balance paid monthly over 12 months

Furniture / Fixtures value:
$32,000 (AUD) - included in the asking price
Inventory / Stock value:
$25,000 (AUD) - included in the asking price