Retail - South Sydney

3 days ago

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Internal Ref: FQ1097

Summary

SBX Business Code: FQ1097 - Retail - Gifts - Variety - Franchise - South Sydney

Rent

$260,000 pa

Net Profit

$161,200 pa

Location Details

High traffic location in busy shopping centre in South Sydney area.

Potential

Could increase stock levels - Room for price increase - Local promotion & marketing

Hours

Mon - Sun 930am - 600pm, except Thurs 930am - 900pm

Lease

Current lease expires Dec. 2021 - Annual C.P.I. increases + 3%. - 3 months bond.

Employees

1 owner + 12 casuals

About the Business

Retail - Gifts - Variety - Franchise - South Sydney

SBX Business Code: FQ1097
Retail variety store selling inexpensive but popular everyday items such as gifts, fashion & mobile phone accessories, homeware, toys, hygiene and healthcare items, kitchenware, bathroom necessities, clothing etc. - Franchisee can choose the best stock-mix for their own store.

Potential
Could increase stock levels - Room for price increase - Local promotion & marketing

Features
High traffic location - Strong brand name- No on-going franchise royalty or fees- Large selection of popular items available from Franchisor

Premises
Recent and aesthetically-pleasing store fitout of 105 sq.mts.

Location
High traffic location in busy shopping centre in South Sydney area.

Trading Hours
Mon - Sun 930am - 600pm, except Thurs 930am - 900pm

Lease
Current lease expires Dec. 2021 - Annual C.P.I. increases + 3%. - 3 months bond.

Employees
1 owner + 12 casuals

Comments
Misc. - 1 - refers to GST & tax payments. - A franchise business with franchise support but no on -going franchise fees. - Vendor is moving overseas and selling the business below the store fitout.

SBX Business Code: FQ1097

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