Internal Ref: 118240373
Summary
BUSINESS FOR SALE – DIY PARTY SUPPLIES PLUS BUY OR LEASE THE FREEHOLD PREMISES After 30 years of ownership, this iconic retail business is for sale as the local owners are retiring. ...
Location Details
140 Wood Street
About the Business
BUSINESS FOR SALE – DIY PARTY SUPPLIES
PLUS BUY OR LEASE THE FREEHOLD PREMISES
After 30 years of ownership, this iconic retail business is for sale as the local owners are retiring. This is a great chance to own and work in an environment where customers are constantly saying that the staff are so helpful and friendly and they love coming here.
Located near the Mackay city heart, opposite the city campus of CQ University, DIY Party Supplies occupies premises of approximately 900sqm and has a 10-space customer carpark.
DIY Party Supplies is a one stop event supplies shop which has assisted the local community decorate their homes, venues and cakes, plan costume parties, baby showers, birthdays, reunions, engagements, weddings, Christmas and local events. The large range of costumes and accessories are particularly popular during Book Week, school sports carnivals and Halloween but sell all year.
WHY THIS MAY BE THE BUSINESS FOR YOU:
• Established independent business – 30 years in the one location with current owners
• Freehold property is owned by current owners and is available to purchase or lease.
• Owners have three registered business names – DIY Party Supplies, DIY Costumes & DIY Wedding Supplies which would enable new owners to split the business at a later date if they wanted to. Current owners have amalgamated these aspects over the years to create an inclusive shopping experience.
• Large local customer base: families, clubs, schools & businesses - plus surrounding farming, mining and tourist areas such as the Whitsundays
• Experienced staff can help customers plan for any celebration or event.
• Current trading hours are owner family friendly Mon-Fri 9-5, Sat 9-1.
• Social Media – Facebook (over 4000 followers), Instagram & Website diypartysupplies.com.au (shopping cart can be added)
• Owners have great relationships with wholesalers
• Large range of stock for all occasions
• Hire items: event & wedding decorations and linen, cake stands & cake tins are included in the sale price
• Computer set-ups for Edible Images for cakes, Personalised Candles and Stationery (Invitations, RSVP Cards, Place Cards, Seating Plans, etc).
• Average annual sales for the last four years of $800 000 but there are plenty of growth opportunities for the next owners. Many were successfully done in the past, resulting in double the current income, but were discontinued as the owners got older and made ...
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