Retail Gift Shop For Sale
Retail Gift Shop Business For Sale
Price $300,000 NOW REDUCED TO $200,000 plus stock FOR QUICK SALE. Last December made sales of $95000 alone in 1 month.
Yearly Takings: $440K+
Nett Profit: $2000+/week
This is a long-established, highly regarded and much loved family owned business in a well known shopping centre in the Hills District.
The business has been in the same location for over 12 years and is run by a husband and wife team for nearly 5 years. An excellent reputation has been built among the loyal local customers. This is the only gift shop of its kind not only in the shopping centre but in the area aswell, with lots of passing trade and positioned between two major supermarkets.
It is a business that attracts customers to spend highly on their wide range of quality gifts and homewares. Very well presented shop selling mid range and up market gifts for all occasions, such as Birthdays, Anniversaries, Christening, Communion, Baby gifts, Wedding and Fashion Jewellery and accessories.
Fully computerised POS system using MYOB retail manager, 4 camera CCTV and digital recorder and alarm is in place.
This business has huge potential to grow by expanding online. Christmas, the busiest time of the year is approaching with great profits.
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
