Internal Ref: BUY2647
Summary
This amazing business located near Tweed Heads has fantastic staff and manager in place. The seller is at retirement age and looks forward to discussing this excellent business with you.
Revenue
$1,277,015 pa
Net Profit
$257,514 pa
Potential
Huge potential to make more money by working in the store. A family can take over and work in the business day to day and keep a lot more in wages, but this is also the perfect business for an investor who is looking for a safe place to park his or her money.
Skills
The seller will teach a buyer exactly how and where to order and buy the stock. The manager runs the business with other great staff who could easily slip into the managers role so there really isn't much for an owner to do besides keep the staff happy by paying them.
Lease
The seller owns the freehold and so will offer a very generous term.
Reason for Sale
Retiring. The seller has owned many successful businesses though out his life including this one, but is now at the age where hw wants to travel with the family, and potentially re-locate back down south.
About the Business
Long-Established Business with 40 + Year Track Record: Founded in the 1980"s this sensational high end Variety store carries four decades of goodwill, community recognition, and proven trading history.
With a great manager in place and excellent back up staff, nothing more needs to be done.
The seller will teach a buyer exactly how and where to order and buy the stock from day one, and from there you can sit back and enjoy the money rolling in while you have a great lifestyle.
The business delivers steady weekly revenue throughout the year averaging around $26,000 per week — with a strong and predictable seasonal uplift in the lead-up to Christmas, providing a recurring and plannable revenue boost each year.
Be quick and take advantage Now!!!
History
1980's
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