Skip to main content

Homeware & Hardware business for sale in Sydney

  • Homeware & Hardware
  • Sydney NSW 2000
  • $450,000 (GST na)

M2104 - Business For Sale - Homeware Hardware Homewares - Under management. - Sales $22,000 p.w. - Net $6945 p.w.

Retail - Homewares - Gifts - Under Management - Eastern Suburbs
SBX Business Code: M2104
Retail serving a large selection of homewares and giftwares. -It has a variety of sections offering home furniture, home decor, home fragrances, home functional and home gifts. - The main products are sourced from Australia and China with quality, durability and affordability of trusted brands. - The business has been established for almost 12 years and is still strong and profitable through Covid-19.

Potential
Promote internet sales and home delivery. A hands on active owner operator could increase sales and profit.

Features
Successful business for many years. - Loyal customers. - Quality brands. - High margins. - Stable income. - Owner is not working in the shop. - Well priced to sell.

Premises
Bright and orderly shop with an area of 250 m2.

Location
Perfect location in lively shopping area of affluent Eastern Suburbs.

Trading Hours
7 days - 9 a.m.- 7 p.m.

Lease
New 5 year lease commences 1st July, 2021. - First years rent is $160k plus gst. -Second years rent is $170k - Third year has an option rent $230k or negotiate new rent depending on market conditions.

Employees
Under management - 3 staff

Comments
The rent includes all outgoings. - Misc.- 1- Refers to bank merchant fee and other general business expenses. First time on market in 12 years. - The financial reports are available to view for sincere and some retail experience buyers. - A great investment opportunity. - Inspection is highly recommended.
Figures
Weekly Sales $22000
Rent (ex GST) $3075
Wages $2500
Profit $6945

SBX Business Code: M2104

SBX Business Brokers - Sydney Business Exchange

SBX Website
SBX Business Brokers
SBX Website
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers

Business Highlights

Business ID2016485486
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Sep 2020
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

SBX Website
SBX Business Brokers
SBX Website
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers

Business Highlights

Business ID2016485486
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Sep 2020
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
SBX Website
SBX Business Brokers
SBX Website
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers

Ask SBX Website about this business

SBX Website

SBX Website

SBX Business Brokers

SBX Business Brokers

SBX Business Brokers

SBX Business Brokers

Call Broker
0294394403
CallEmail