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Retail business for sale in Miranda

  • Retail
  • Miranda NSW 2228
  • $29,000 (GST na)

G1624 - Business For Sale - Retail Miranda Nsw - South Sydney - Retail - Sales $4,800 pw - Accessories - Sunglasses -Jewellery - Miranda Nsw - One owner can make $1500.00 pw

Retail - Accessories - Sunglasses -Jewellery - Fashion - South Sydney
SBX Business Code: G1624
Retail store selling costume jewellery, body jewellery, fashion accessories, sunglasses, cosmetics, watches & scarves at very affordable prices. - Easy one person operation. - Huge mark ups. - More than $100k was spent on fitout. - Includes display counters, showcases, shelving and racks. - Purchaser can trade under license using this successful brand name and the current vendor will hold the head lease. - Keen vendor willing to negotiate. - Selling way below set up cost.

Potential
Store would run much better with an owner operator. - Permission has been given for the new owner to expand the product range and buy from other suppliers. - Old section of the Shopping Centre is still under renovation and, once finished, will attract even more people.

Features
Stunning almost new fit-out. - Easy to run. - Steady sales. - Very low overheads. - Excellent 1st business opportunity - Great scope for expansion - Well established. - New fitout.

Premises
More than $100K spent on fitout. Well designed and thought out operation with shelving and racks

Location
Situated on ground floor of busy shopping centre in brand new extension recently completed in South Sydney area.

Trading Hours
7 days - Mon. -Tues. - Wed.- Fri. - 9 a.m. to 5.30 p.m. - Thurs. - 9 a.m.- 9 .p.m. - Sat - 9 a.m. - 5 p.m. - Sun. - 10 a.m. - 4 p.m.

Lease
5 1/2 year lease commenced October, 2014 - 5% increases p.a. - New lease available. Lower rent likely

Employees
1 Owner Operator

Comments
Great opportunity to go into business for yourself. - Please note that the profit shown is for an owner operator working with 1 casual. - Currently run under management. - Sales were over $10,000 p.w. last year for the 3 weeks before Christmas. There are 7 stores so far in NSW.
Figures
Weekly Sales $4800
Rent (ex GST) $2057
Wages $0
Profit $1522

SBX Business Code: G1624

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013369723
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Category
Last updated  9 May 2019
Map for Miranda NSW 2228Miranda NSW 2228
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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