ClothingFootwear - South Sydney

14 days ago

Location:
Sydney 2000 > Sydney > New South Wales

Investment level:
$150,000 (Negotiable)

Type:
Business

Industry:
Retail > Fashion

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Summary

Menswear - Fashion - Retail - South Sydney

Rent

$141,960 pa

Net Profit

$236,340 pa

Potential

Could set up website for online sales. - Could do more marketing.

Hours

7 days - 930 a.m.- 6 p.m. - Thurs. till 9 p.m.

Lease

5 years lease expires Oct 2017. - New lease may be available.

Employees

1 owner ( working 3 days ) + 1 staff ( 4 days)

About the Business

Menswear - Fashion - Retail - South Sydney

SBX Business Code: M1850
Retail menswear selling mens formal-wear, suits, shirts, ties, shoes, belts and a range of accessories. - 2 fitting rooms and a store room. - The products are imported from China twice a year with high quality and very low price.

Potential
Could set up website for online sales. - Could do more marketing.

Features
Long established. - Local icon. - Very high margins. - Easy operation. - Regular customer database.

Premises
Well presented shop with an area of approx 50m2.

Location
Prime location in South Sydney major shopping centre

Trading Hours
7 days - 930 a.m.- 6 p.m. - Thurs. till 9 p.m.

Lease
5 years lease expires Oct 2017. - New lease may be available.

Employees
1 owner ( working 3 days ) + 1 staff ( 4 days)

Comments
The financial statements can be shown on meeting. - Stock can very from $80,000 to $120,000 seasonally. - Two of the same brand shops are available - see M1851 - they can be sold together or separately.

SBX Business Code: M1850

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