Alteration and Dress Making + Retail For Sale
Macleay st.,Potts Point
Summary
Well established Clothing Alteration - Retail- Potts Point- Eastern Suburbs -Sydney
rent - ($216pw+ gst)
shop size - 12m2 shop, accommodates 2 machines
customer parking on the street ; ground floor shop front
lease - 1.5 years plus 3 year option, 3mths bond (very good landlord leave you alone as long as good looking shop)
hours - 6 days ( mon - sat ) 10:00 am till 5:00pm (Mon – Fri) 10:00am -2:pm (Sat) ( you can expand your hours)
employees – 1 x owner + casual employee as required
well established clothing alteration shop with current owner for 30 years , good clientele base, no other similar shop nearby
selling price- 89k including all the shop fitting, 3 industrial machines 2 domestic machines , cotton , zipper, some material + shop fittings (Just walk in to start up strait away profit from day one)
Popular exclusive street no other competition, well establish reputation for quality workmanship, job for life, golden opportunity, perpanet parking available on request.
Owner is retiring.
Potential
Could re-introduce made to measure - Do some advertising and marketing - Suit new motivated alterations person who can continue in this business and increase sales. Profit can be increased if owner extends to longer business hours and other work room(may be home) as back workroom with extra staff. More demand than what one can handle right now.
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
