"Dymocks Warringah Mall was one of the very first to be launched in New South Wales, established in 1987. The store has been in the same prime location at Warringah Mall since 2009 where they have achieved a solid reputation and loyal customer following for 35 years.
VERY HIGH TURNOVER AND STRONG REPEAT SALES TO ENGAGED CUSTOMERS
The store consistently turns over in excess of $2m per annum. 85% of the sales are retail books, while the remaining products sold are mostly from the book-related stationery items and the gifts section.
The Dymocks franchise runs a successful loyalty programme which targets regular shoppers and communicates through email, catalogues, texts, and social media tailored to individual stores and customers.
With a strong following of repeat customers via the 'Dymocks Booklover Club'. The group website offers click and collect and the store itself has a social media program on Facebook and Instagram to increase engagement.
The Owner has 20 years + experience operating Dymocks stores, with a strong association and experience with the brand, he acquired the Warringah Mall franchise in 2019.
* Approximately $300k of stock
* Rent reduction agreed to by landlord
* Turnover well in excess of $2m year on year
* PART OF A HIGH PROFILE FRANCHISE WITH AN EXCELLENT
REPUTATION
* IDEAL LOCATION WITH A GREAT TARGET MARKET IN SURROUNDING SUBURBS
* EXPERIENCED SENIOR MANAGERS AND ALL STAFF ARE WELL
TRAINED
* PEAK TIMES AND SUPERIOR SERVICE LIMITS IMPACT OF
COMPETITION
* Large product range with excellent customer service
* STRONG BRAND RECOGNITION WITH HIGH-PROFILE AUTHORS
*Images used for illustration purpose only
Price: $150,000 plus SAV
For further information about this fantastic business opportunity, contact Luke Mansbridge on 0419 747 007 or email luke.mansbridge@finnbusinesssales.com.au"
