Bargain variety store discounted to sell

23 days ago

Location:
Elizabeth South 5112 > Adelaide - Greater > South Australia

Investment level:
$40,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Discount & Variety Stores

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Internal Ref: 242

Summary

Well Stocked Gift and Variety store, established over 25 years, in prominent position Northern suburbs of SA Only $40,000 + SAV priced to sell.

Potential

Opening longer hours into the night and opening on Sunday

Skills

Easy to run

Hours

Monday to Saturday

Lease

Expiring 31/08/22. Option for 5 more years

Reason for Sale

Owner wants to move onto something different

About the Business

Discount bargain sotre in Elizabeth, Huge 400SQ, Great Opportunity.

Retail variety store selling inexpensive but popular everyday items such as gifts, fashion and mobile accessories, homewares, toys, healthcare items, kitchenware, bathroom necessities, etc. Well stocked, large premises in prominent mall position adjucent to the entrance. Established business with 25 years experience and no competition within 2 km.

Priced to sell at only $40,000 + Stock at Valuation.

Location Details: High traffic location adjacent to the entrance in a major center on Northern Suburbs South Australia. Plenty of parking

Potential: Longer opening hours - Open on a Sunday and late nights to add to sales. Take advantange of the high foot traffic with more local media advertising.

Opening Hours: Mon - Frid 9.00 am - 5.30 pm , Sat 9.00 am - 3.00 pm

Lease: Current lease expires Oct 2022 with further option for 5 years, 3 months bond needed.

About the Business: Retail - Gifts - Variety Store which has been operating for 25 years, with many loyal customers, ideal for a owner operator or partnership. Easy to run and can add staff if wanted. Good potential to add more sales by opening longer hours, currently not open on Sundays and closes early at 5.30pm. Good sales figures and continuting support with loyal customers.

Premises: Recent and aesthetically-pleasing store fitout of 400 sq meters

For more information regarding this business, please contact the Agent Anand Katira on 0425343850 or anand@thebrokerageconnection.com.au.

Our Ref: AK201

(Variety Store, Gift Store, Bargain Store,

History

Over 25 years established

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