Castle Hill & Auburn l NSW

Solid Profit - Furniture Stores in Western Sydney For Sale

This is a great opportunity to take advantage of a long standing national Franchise business in the high population and rapidly growing areas of Sydney.

The Outdoor Furniture Specialists (TOFS) are a progressive and innovative franchise company with 45 locations throughout Australia. The business for sale consists of two sales locations in Castle Hill and Auburn.

The stores that have become available have been operating in their present locations for 14 years and have established a solid regular clientele plus, due to the location is an excellent passing traffic.

Both boutique and well-presented stores are located in well-placed with good exposure in major Homemaker Centres.

TOFS store at Castle Hill is located in a much desired area and is within the Home Hub complex with over 75 other special stores. With 15 years of trade in the same location the balance of the current lease term is five years. With transport and housing growth in the Hills area growth is set to increase this year.

TOFS Auburn is located in the Auburn Homemaker Megamall not far from expanding Parramatta region. With 14 years of trade in the same location the balance of the current lease term is four years with a further option available.

TOFS is Australia's largest specialist outdoor furniture retailer and sells all types of outdoor furniture related products homewares and accessories. This includes aluminium PE wicker natural stone, cast aluminium, umbrellas and the associated range of products.

The two stores have generated a turnover of $2.65 million in the last 12 months and this is a significant increase on the previous year.

The purchase price includes all fixtures, fittings, database of the systems and procedures manuals. A comprehensive list is available upon request.

Further information and financial details will be provided from TOFS head office after confidentiality requirements have been completed and this would include history of the two stores trading results over the past 14 years.

Price: $495,000 + S.A.V. question mark popup button
Client No: W1328650875

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If no telephone number contact is displayed here, then seller prefers initial email contact

    (Private sale, no contact by agents or marketers please.)

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