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      Retail business for sale in Sydney

      • Retail
      • Sydney NSW 2000
      • $50000

      G1624 - Business For Sale - Retail Opportunity

      Retail - Accessories - Sunglasses -Jewellery - Fashion - South
      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.

      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.

      Employees
      1 Manager + 1 casual

      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 $200
      Profit $1322

      SBX Business Code: G1624

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013369723

      Last updated

      20 Aug 2018

      Category

      Retail

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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