Stamps, Coins and Banknote Dealer – Forest Hill, Melbourne, VICTORIA

Forest Hill VIC
Asking Price $150,000
Business ID:BS156688


This is the only business of its kind in a major shopping centre in Australia!

At year end 2023, it is also expected to be one of only 2 shops of this type in Melbourne – and the only one trading 7 days a week.

Launched by the owner in 1995, the Australian Stamp and Coin Company generates income through the shop – and internet sales. There is great potential to grow the online side of the business.

   -  The business buys and sells World and Australian stamps, coins and banknotes – plus a full range of accessories

   -  Excellent 111 sqm premises in Forest Hill Chase Shopping Centre – Longest continuance tenure in centre  

   -  Located ground floor next to Harris Scarfe department store – Opposite Woolworths supermarket – 60 metres from car park centre entrance

   -  Highly visible to passing trade with double display window frontage – Fully fitted with specialised wall and floor displays

   -  No competitors within the centre or nearby – 24-hour centre security (staff and cameras)

   -  Ideally placed for sellers of hobby collections to trade goods due to easy, free, safe car parking

   -  All banks and post office to service the shop within centre

   -  Past and present advertising in trade magazines and community paper – Asian

   -  Internet sales with eBay and PayPal – Open trade to all worldwide, passing trade, collectors and investors

   -  Enormous potential to expand internet sales – Continuous supply of product readily available to ship

   -  No special skills required – Training can be provided if required – Owner retiring

   -  Sale price will vary depending on the extent and range of merchandise required


Property Code: 3676
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