About the Business

An exceptional and rare opportunity is now available to acquire a highly differentiated rent-a-space-based retail and event business in Brisbane, built on a proven model where designers, artists and creators place their products on consignment (“rent-a-space”). This rent-a-space structure forms the primary revenue stream of the business (rent and outgoings are paid for by “tenant/client”, and product sales are additional income – offering a “risk free” business), allowing it to operate with multiple income channels, reduced inventory risk and strong margin efficiency, while maintaining a constantly refreshed and curated retail offering.

According to information supplied by the seller, the business is currently achieving approximately $6,500 in weekly sales, with weekly rent of approximately $1,400 including outgoings and GST. The seller further advises that cost of goods averages around 10% of turnover, generating an estimated weekly net return of approximately $2,500, or approximately $185,000 per annum. Stock is held on hand at stock-at-value of approximately $180,000.

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.