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Listing Id: 33879 Last Refreshed: 07/11/2024 Total Views: 8 Broker Ref: 22301

Home Fragrance, Bath & Body, Homewares, Gift And Fashion Bathurst, NSW

Orange, New South WalesHardware Stores
Asking Price: $250,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Regional Centre located just a 2.5-hour drive west of Sydney, this business offers the perfect blend of a highly profitable enterprise and a fabulous lifestyle. Stocking nationally recognised brands alongside a curated selection of bespoke artisan products, this store caters to a diverse clientele.

- Under Full Management: Efficiently run with minimal owner intervention.
- Prime Location: Positioned between two major anchor tenants, ensuring constant foot traffic.
- Established Reputation: First time on the market since its establishment in 2008.
-Long Lease: Expiring on the 30th of April 2029.
- Ease of Operation: Managed by two casual managers and supported by three casual sales assistants.
- Comprehensive Training: Well-documented employment training and procedure manuals.
- Minimal Competition: Standout presence in the local market.
- New Website Launch: Expanding online presence to reach more customers.
- Key Customer Offerings: Customer loyalty program, gift vouchers, gift wrapping and branded bags.

This business is not only profitable but also enjoyable to manage!

Financial Highlights:

Sales:
- FY 2024 (forecast): $940,000
- FY 2023 (actual): $929,103
- FY 2022 (actual): $866,805

Working Owner Earnings:
- FY 2024 (forecast): $272,000
- FY 2023 (actual): $269,991
- FY 2022 (actual): $246,335

This business offers a unique opportunity to enjoy a profitable venture and a vibrant lifestyle in one of NSW's most desirable regions.

Asking $250,000 + Stock at Value (Estimated $100,000)

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/V9JyjRvCKF6gUVvB6
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