Retail - North West Sydney

6 days ago

Location:
Sydney 2000 > Sydney - Greater > New South Wales

Investment level:
$130,000 (Negotiable)

Type:
Business

Industry:
Retail > Books, Stationery & DVDs

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Summary

A much-loved & famous destination outer NW Sydney store with three income streams - retail shop, cafe, website. Store currently sells vinyl records, 50s style dresses and shoes and much more.

Rent

$44,304 pa

Net Profit

$78,832 pa

Location Details

Business is located on main street in prime tourist destination in N.W. Sydney.

Potential

Huge expansion potential in all areas but especially cafe and web store - enormous sales potential targeting the massive global audience of vinyl record collectors - get a liquor license and operate music evenings & dinner.

Hours

7 days - Mon. - Wed. - 9 a.m. to 5.30 p.m. -Thurs. 9 a.m. to 8 p.m.- Fri. & Sat. - 9 a.m. to 10

Lease

5 + 5 year lease commenced 1st Oct 2010 - expires Oct 2020. - Buyer can easily get new lease.

Employees

1 owner + 2 to 5 casuals (depending on expected demand)

About the Business

Music - Retail - Cafe - Ladies Fashion - North West Sydney

SBX Business Code: GNGD1037
Retail store with 3 income streams - music shop selling vinyl records, players, musical instruments, guitars -cafe selling coffee, crepes, homemade pies etc. and website - No trading time restrictions - Very active Facebook and social media presence (5000+ members) - Major tourist attraction for area - The only shop in the area selling 50s style dresses and shoes - customers come from far and wide to this destination store.

Potential
Huge expansion potential in all areas but especially cafe and web store - enormous sales potential targeting the massive global audience of vinyl record collectors - get a liquor license and operate music evenings & dinner.

Features
Local Icon - Excellent web and Facebook presence - The store has been a music lovers destination for 40 years - Loyal customer base - Web store offers global sales reach. - Excellent reputation.

Premises
Large 286 sq. m converted house allows a themed room-by-room purchasing experience.

Location
Business is located on main street in prime tourist destination in N.W. Sydney.

Trading Hours
7 days - Mon. - Wed. - 9 a.m. to 5.30 p.m. -Thurs. 9 a.m. to 8 p.m.- Fri. & Sat. - 9 a.m. to 10 p.m. -Sun. - 10 a.m. to 4 p.m.

Lease
5 + 5 year lease commenced 1st Oct 2010 - expires Oct 2020. - Buyer can easily get new lease.

Employees
1 owner + 2 to 5 casuals (depending on expected demand)

Comments
Local Business award for Best Specialised Retail - Leading Edge Group Store of the Year - Aria award for best music retail store in NSW - CBA Award for Best Specialized Retail Business in NSW

SBX Business Code: GNGD1037

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