Party Supplies Business For Sale in Bundoora

26 days ago

Location:
Bundoora 3083 > Melbourne - Greater > Victoria

Investment level:
$240,000 (Negotiable)

Type:
Business

Industry:
Retail > Discount & Variety Stores

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Internal Ref: B12940

Summary

Retail party goods, food, equipment hire, fantastic lease, low rent, huge premises - Amazing business opportunity, for info call DAMON: 0402 225 989

Revenue

$420,000 pa

Rent

$30,430 pa

Location Details

Huge site over 260 square metres, top location in a business hub on a main road in Bundoora - plenty of free parking for customers and little in the way of competition around

Potential

Even though the business is already profitable and has a great client base, there's still plenty of room for improvement too. There are numerous additions that can be made to the business which can vastly change the turnover, and entrepeneurs can even consider the potential to franchise or license the business and expand. It all depends on what you as the buyer want to do with it!

Skills

Some experience in retail would be handy, but in this case the owners are happy to provide full training and a handover period to ensure the buyer is able to smoothly transition into the business.

Hours

Currently working normal business hours Monday to Friday, with a shorter day on Saturday. Closed Sundays.

Lease

The massive 5x2x2x2x5x5 lease gives buyers peace of mind that the business isn't going anywhere any time soon

Reason for Sale

Semi-retirement

About the Business

Established for over 10 years, this successful and profitable retail party goods and accessories business for sale presents buyers a rare opportunity to purchase an already fantastic business with a very bright future!

- Huge business premises over 260 square metres!
- Great location on a main road with plenty of free parking for customers
- Taking around $420,000 per year with excellent profits
- Trading 6 days with no late evenings
- Very reasonable rent of just $30,430 per annum
- Fantastic long lease 5x2x2x2x5x5 offers plenty of site security!
- Selling a huge variety of party products including helium balloons of all shapes and sizes; decorations; stylised plates, cups, cutlery, napkins, etc; all kinds of party finger food and snacks; candies and sweets and much, much more!
- The business also offers customers hire equipment including pie warmers, tables and chairs, wishing wells, helium tanks, crockery and glassware and more!

This is a fantastic retail party business which offers customers everything they could need to host a party in this one stop shop.

Having a great reputation in the area and a multitude of regular repeat customers means that a new owner can work on expanding the customer base and continuing to grow the revenue with a great income already coming through the door rather than starting from scratch or trying to recover a failing business.

If you're a buyer looking for a successful business with reasonable hours, great income, plenty of potential, and a happy environment to work in, then this business will tick all of your boxes.

The business is ideal for a husband and wife team or similar partnership, though even independent buyers will easily be able to run this business.

For more information and to arrange your inspection, please call senior business broker Damon Ambatzis on 0402 225 989

History

The business was established around 10 years ago and has been chugging along strongly since its inception. The current owners have held the business for the past four years.

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