Long established ,High Profile well run Dymocks Bookstore in Warringah Mall
The Warringah Mall franchise of Dymocks was one of the very first to be launched in New South Wales. It was established at Warringah Mall in 1987. It has been in its present location since 2009, giving it over 35 years of exposure in the region. It was acquired by the current owner in 2019. The Owner has had experience operating Dymocks stores since 1999.
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 loyalty programme which targets regular shoppers and communicates through email, catalogues, texts, and social media tailored to individual stores and customers.
Dymocks Warringah Mall customers have a strong affinity with reading. Many are repeat customers and members of the very professionally run 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.
* 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 firstname.lastname@example.org