Highly Successful Retail Network- $1.25m Profit - Under Management

7 days ago

Location:
Sydney 2000 > Sydney > New South Wales

Investment level:
$3,500,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Discount & Variety Stores

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Internal Ref: 1639972

Summary

Ray White Business Sales is proud to present this amazing opportunity to purchase a thriving franchise ready retail network that is currently under management, which is set for aggressive growth.

Revenue

$11,440,000 pa

Expenses

$3,600,000 pa

Net Profit

$1,250,000 pa

Location Details

The retail network boasts 7 shops in prominent locations throughout 6 major Shopping Centres in NSW. These Centre’s are all extremely high traffic areas and benefit from an abundance of public transport.

Potential

There is potential to grow and expand the online side of the brand, currently, the business has an underutilized online shop that isn’t marketed at all by the retail side.

Additionally, the business is prime for local and interstate expansion through the opening of stores throughout high traffic Centres. Further, the brand is already franchise ready so seeking out potential sites and then offering these as franchise opportunities across Australia could see rapid brand growth and expansion.

Skills

The new owners would benefit from having experience in large retail networks or multi-unit businesses. The current business runs under management by well trained, experienced staff & management.

Hours

The stores vary however average Hours of Operation: 8am-6pm operation.

Employees

Full Time - 4
Casual - 81

About the Business

This retail business is currently in a high-growth position and is looking for a new owner who can take it to the next level. The brand currently holds an unutilized online aspect that would see great income stream potential.

The business has seen solid growth and is built around an integral framework. This further provides a new buyer with an incentive to take this business further with exciting expansion opportunities in sight using a well-suited franchise model.


Some exciting facts about this opportunity:

-Impressive annual revenue with projected aggressive growth
-Franchise ready with potential for expansion locally and interstate
-The business can be overseen remotely – Home, office, central warehouse, from one of the stores etc.
-Great potential to shed more focus onto the online retail aspect
-Extensive list of included Equipment and assets, Buyer can walk in and begin trading
-Business is being run Under Management


For further information about this business please contact the undersigned:


Douglas Aiken
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0433 196 339 T: 1800 858 696 E: douglas.aiken@raywhite.com


For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1639972 to search for the business.


Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director’s benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

History

The business was founded in 2000 and has since seen steady development with key areas of development. The brand is now prime for aggressive expansion throughout Australia.

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