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Seize the chance to participate in the thriving Ecommerce fashion sector
Summary
SOLID $$ RETURN + WORK LIFE BALANCE! Very successful, known family store in popular beach location. The store offers a unique mix of gifts & homewares, coffee and newsagency items inc NSW Lotteries.
Revenue
$2,742,000 pa
Rent
$148,000 pa
Expenses
$284,000 pa
Net Profit
$188,000 pa
Location Details
LOCATED IN A HIGH TRAFFIC PEDESTRIAN MALL SURROUNDED BY CAFES AND RESTAURANTS AND METRES FROM POPULAR BEACHES.
Potential
Potential for new owner/s to work more hours in the business themselves/pay less staff or operate the business under management.
Hours
Current store hours:
Mon-Friday: 6am-5pm
Saturday: 6am-4pm
Sunday: 6am-3pm
Owners work only 4 days.
Lease
30 September 2027 with 5 years option.
Employees
4 casual
Reason for Sale
After 20 years, owners looking for a change.
About the Business
This is a fantastic business, particularly for a family or partnership. Current owners have raised a family while owning this business which has provided a fabulous work/life balance. Over 20 years this business has evolved to meet customer demand, introducing new income streams including a range of high end gifts and homewares, barista made coffee and niche collectables. The business is based in a high traffic location with a dependable clientele and is situated in a highly desired beach location. The business is fully computerised with 24/7 technical support available. It has a strong website and social media following. The business is part of a well known buying group, giving exclusivity with high demand products, in particular, Australian Mint collectors' coins. The business is also a designated drop off point for Lawrence dry cleaning with an exclusive agreement for Qantas uniforms. All systems in this business have already been established. The hard work has already been done! The new owner/s can walk in and run as is with a very attractive financial return, or they can work more hours in the business themselves to increase their return further. Current owners seeking genuine buyers only.
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