Highly Profitable Retail Business For Sale

12 days ago

Location:
Frankston 3199 > Melbourne - Greater > Victoria

Investment level:
$99,999 + SAV

Type:
Business

Industry:
Retail > Specialty retail

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Internal Ref: B12190

Summary

With a prime location in the heart of the bayside suburb of Frankston, this highly profitable retail business offers a very profitable opportunity for anyone to take over & make money from day one!

Revenue

$920,000 pa

Rent

$55,000 pa

Location Details

High exposure location on a major road through the area & plenty of parking at the door, as well as easy accessibility by public transport.

Potential

Hard to find business offering fantastic returns, and potential to expand the products & services on offer to grow even further.

Skills

Easy to operate business, vendor is happy to train & experienced staff will stay on.

Hours

Currently operating Monday to Saturday

Lease

Lease remaining of 1x4 with potential to extend.

Reason for Sale

Retirement

About the Business

With a prime location in the heart of the bayside suburb of Frankston, this thriving and highly profitable retail business for sale offers a very profitable opportunity for anyone to take over & make money from day one!

Established for over 21 years, this business turns over $920k per annum with three digit profits! Earning income from a variety of streams, this business sells quality goods, jewellery & gold, online sales & offers small loans all from a spacious retail premises.

High exposure location on a major road through the area & plenty of parking at the door, as well as easy accessibility by public transport.

Currently operating Monday to Saturday, the business is run by the vendor with assistance of knowledgeable & highly experienced staff which will assist you with a smooth transition. Could be run under management by implementing an experienced manager, but would be ideal for an owner operator.

Lease remaining of 1x4 with potential to extend, and rent of $1058 per week for prime positioned premises.

Easy to operate business, vendor is happy to train & experienced staff will stay on.

Hard to find business offering fantastic returns, and potential to expand the products & services on offer to grow even further.

For further information please contact Senior Business Broker Petros Margaritis on 0416 000 154.

History

Establishedfor over 21 years

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