Summary
Popular retail sporting outlet & online store - Annual turnover of $700,000 - Net profit of $160,000 pa - New lease available - Large retail space/showroom on busy Mt Alexander Road
Location Details
644 Mt Alexander Road
About the Business
RETAIL SPORTING OUTLET - MOONEE PONDS
Serving Aces is one of Melbourne's largest tennis shops and is the mecca for all your tennis needs. Stocking adult and children tennis apparel and equipment suitable for both professional and casual tennis enthusiasts. Ranging from shoes, grips, apparel, string, bags, balls and racquets, Serving Aces is your one-stop-shop for all your tennis essentials. Its customers are spoilt for choice stocking one of the broadest ranges of tennis shoes in Australia and with over 200 models of racquets to choose from with brands including Asics, Nike, Babolat, Head, Volkl, Wilson and Yonex just to name a few.
The business has an impressive retail outlet located at 644 Mt Alexander Road in Moonee Ponds as well as offering shipping Australia wide via its online store which attracts a lot of regular online shoppers, consistently throughout the year.
Serving Aces has provided the vendor with a strong turnover and a very healthy profit over the past 15 year. However, the vendor is now ready to move on, so is a highly motivated seller and will offer the purchaser a comprehensive and professional handover, plus introductions to all its long-term suppliers to ensure business continuity after settlement. For more details on this unique opportunity call Marc on 0412 359 907
BUSINESS HIGHLIGHTS:
Annual turnover of $700,000 p.a.
Net profit $160,000 p.a.
Affordable rent at $60,000 pa approx. plus outgoings
New lease options available
Large retail space/showroom on busy Mt Alexander Road
Superior visual merchandising showcasing all the high-end brands
All systems and procedures in place – full training provided
Prime location – maximum exposure
Well established business model with potential for more growth
PRICE - $250,000 + Stock
Call Marc on 0412 359 907 to inspect
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