Summary
Are you looking for a simple, profitable and fun to run business? Established in 2020, this well-known retailer is located in Wollongong CBD's trendiest retail precinct, surrounded by popular ni...
Location Details
Globe Lane
About the Business
Are you looking for a simple, profitable and fun to run business?
Established in 2020, this well-known retailer is located in Wollongong CBD's trendiest retail precinct, surrounded by popular nightclubs & hatted eateries. The business captures a consistent flow of customers from a variety of demographics, selling an array of high margin items & preloved clothing.
Requiring only 1 staff member each day to operate, this business is cost efficient and simple to manage. The stock the business carries is relatively trend resistant and does not depreciate at the same rate as other retail models.
Key Features:
- 65% GP Margins
- Owners Declared Earnings $138K+
- 350sqm Premise
- $50K Base Rent P.A
- 4.8 Star Google Ratings
As the current operator is looking to retire, a new operator will benefit from a well-established name and highly consistent, attractive performance.
Contact the region's leading business brokers to request a comprehensive Business Prospectus.
MMJ Business Sales & Acquisitions provides businesses for sale in Sydney, Wollongong, Shellharbour, Kiama, The Shoalhaven, NSW South Coast and The Southern Highlands.
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