Workwear and P.P.E. shop - Priced to Sell

5 days ago

Location:
Brendale 4500 > Brisbane - Greater > Queensland

Investment level:
$100,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Specialty retail

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Summary

Get ready for the next mining boom and be a part of the Workwear/P.P.E. industry. Part of a group of independent businesses in a buying group (non-franchise) allowing you to buy like the big boys.

Revenue

$715,000 pa

Rent

$51,000 pa

Net Profit

$110,000 pa

Location Details

This is a booming suburb with over 750 businesses just in this suburb. The business is located on one of the major roads with great exposure with over 40,000 vehicles driving past daily (average as per BCC Key corridor report).

Potential

This business is still in its growth phase with only 3 years of trade. Word of mouth has been the key to this business succuss so far and could go to new heights with the addition of a dedicated website and online store. Current owner has contacts to start importing more products to increase the bottom line.

This would be a great addition to an owner how already has a likeminded shop but cannot get access to all suppliers and/or buy prices.

Hours

Monday to Friday 6.30am - 5.00pm
Saturday - 8.30am - 12.00pm

Lease

Expires Feb 2019 on a year by year lease.

Landlord will sign a new long term lease to the new owner.

Employees

Currently 1 x fulltime sales person plus owner opening the shop.

Reason for Sale

Owner wants to retire and relocate.

About the Business

Destination shop for supply of P.P.E. work clothes and industry signage and equipment.

This retail business provides the community with a range of specialised work clothes and equipment. They are a part of a small boutique group who enjoy the major brands at the distributor buying rates.
Located off the main road, there is easy access to the shop, with ample parking available and surrounded by complementary businesses. This already well-established business could benefit with introducing an on the road representative and implementing a website and social media page.

This business serves the local market as well as other similar stores that cannot access some of the brands.

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