GIFT STORE FOR SALE – ST KILDA – 15 YEARS EST..

4 days ago

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Internal Ref: 32457-218827

Summary

TURNOVER $ 800K p.a Iconic shopping strip. Includes spacious accommodation. Consistently producing 6 figure earnings, year in - year out. Limited owner contribution. PRICE: $ 230,000

Revenue

$800,000 pa

Net Profit

$200,000 pa

Location Details

This highly visible business with dual entry is located on a main shopping strip with a variety of specialty shops, services and iconic food options. National retailer Anchor tenants and post office, train station and tram stop within hands...

Potential

Addition of Website, discount to schools, marketing, new product ranges, addition to front of shop of a food operation – pending council approval. (currently applied for and awaiting approval)

Skills


Buying, customer service, cash flow management, staff management.

Hours

Mon- Thursday 8.30- 7 Sunday 9 – 6.30

Employees

3 x Staff / Total Hrs: 147hrs

Reason for Sale

Retiring

About the Business

Owner works 21 hours per week.

Selling candles, homeware, kitchenware, stationery, toys, party-ware, painting, souvenir, storage, and pet accessories.


Appealing for an owner operator/family, this businesses history in the local community promises ongoing success given its 15-year street presence and strength of trading. An institution known by generations presents an excellent opportunity for a new owner to build upon and take to another level.

• 15 years established
• 40 years experience/data to learn from retiring owner
• Iconic Melbourne shopping strip
• National Anchor tenants and post office within hands reach
• Train and tram stop across the street
• Local institution loved by all
• Approx. 350 sqm upstairs and down
• Refurbished 4-bedroom dwelling upstairs
• Dual access from carpark and Main Street




Genuine motivated seller, inspections and offers are advised and training from owner a genuine asset, with long established sales and inventory data to learn from.


CONTACT SEAN MCBRIDE TODAY FOR A MORE DETAILED BUSINESS SUMMARY ON:

0404 478 829


History

15-year trading history

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