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There are 2 main reasons why the current and the new owner will be able to keep this business a success is;
1) Loyalty of customer base and staff
2) Little direct competition in the area the business is located
3) Environmentally conscious
The owner has built up and very large database, but it is the repeat business that he generates for loyal customers that is key to driving his business. The other factor is the very low turnover of staff over the last 13 years.
In terms of competition, the shop is located near a major shopping centre and a street of businesses. There is a very small number of other print businesses (3) within 10kms and thus generates strong business locally.
With some sectors of the Northern Beaches showing exponential growth in the commercial sector, there is an ever- increasing market for this Print business.
Current lease expires in December and then monthly. Landlord willing to offer new lease on either 3x3 or 5x5
$41,525 (AUD) per annum
Based on the northern Beaches, this business is located in a commercial area of the suburb, near other businesses and a shopping centre
The business is in a modern building located on a busy street with many other businesses
The business has recently consolidated from having 2 shop fronts. They had a shop front in Dee Why but due to the extensive construction in the area, the current owner has temporarily shut down the Dee Why business. It was responsible for driving significant business and the owner has retained many clients from the area. Once the area is back to “normal” the plan was to re-open the store.
The new owner would have no problem following this plan and would have a ready-made customer data-base willing to start with the new shop
There are only 3 other "print" businesses within 5kms
9am - 5pm
Owner willing to offer 1 month training
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