Specialised Stationery & Paper Products
MELBOURNE VIC
Last asking price $140,000
Sold June 2023
General Retail, Business Services, Advertising & Promotions
BOOKBINDERS DESIGN - ESTABLISHED RETAILER OF SPECIALISED QUALITY HANDCRAFTED STATIONERY & OTHER PAPER BASED PRODUCTS
SNAPSHOT
- Asking Price: $140,000 plus SAV (approx $40,000)
- Turnover for: $559,513 (excl GST)
- Adjusted Net Profit: $115,514
- Prime retail location in Galleria Shopping Plaza, Melbourne
- Open 6 days per week
- Franchise Agreement for Bookbinders Design (international concept founded in Stockholm, Sweden) for Australia included in the sale
- Bookbinders Design feature a range of notebooks, photo albums, diaries, and boxes characterized by a wide spectrum of materials, bindings, shapes and 16 colours. The products are made in Sweden in an environmentally friendly manner designed to last for a long time.
LEASE
- Terms: 1 year + 4 years commencing October 2015
- Rental: $66,666 per annum plus outgoings
- Annual increases: 4%
- Security Deposit: equivalent of 3 months rent
STRENGTHS/ BENEFITS
- Fantastic retail location in the heart of Melbourne's CBD
- Unique product offering, the only Bookbinders Design store in Australia
- Very reasonable lease terms and costs
- Perfect for a first time buyer or experienced operator. No additional expenditure required
- Strong, loyal, and established customer base (consumers and B2B)
Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1168.
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