Coffs Harbour, New South Wales 2450

VARIETY PRODUCTS SHOP UNDER MANAGEMENT North Coast NSW

For Sale | $285,000 + SAV

Clothing/Accessories Homeware/Hardware Office Supplies

Variety Shop North Coast NSW

Sales $485,263 F.Y. 2020 and $593,769 F.Y. 2021
Adjusted Net Profit to Owner $44,766 F.Y. 2020 $59,516 F.Y. 2021 EBITDA (Earnings before interest, taxes, depreciation and amortization)
Full-time manager $55,000PA
If you want to be an Owner Operator approximate income $114,516

Rent $110,000
7 Days per week 9am to 5.30pm Monday to Friday, Saturday 9am to 4pm Sunday 10am to 3pm
Lease Offered or purchase the property price to be negotiated
One Manager three casual store assistants.
Training and handover: The owner shall provide a one-month training period to the incoming owner

The business run under management producing a passive Income for the owner, this has resulted in a great work-life balance, providing several opportunities to focus on other commercial interests.

The premises are available by negotiation. Recent infrastructure upgrade that included new roofing, flooring, air-conditioning and sound systems, shop shelving, and several other modifications no additional fit-out investment is required by the incoming owner.


The competitor's current location is set for demolition to make way for the construction and development of 100-apartment residential units that offers a great opportunity to attract new and recurring customers.

https://www.yeeyi.com/main/sub-section/details/list-details/5222563/?fid=716&cityFilter=1

All Business prices are negotiable, some more than others. You never know unless you ask!!

For More information on this outstanding opportunity contact Peter Fennell 0450 811 955

*Location description may be approximate, and images may not be representative of actual business for sale.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

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Contacts


Peter Fennell

Canaan Lim



Marketing By


Canaan Lim

Business Brokers Network

Overview

This Clothing/Accessories Business is one of 45 businesses for sale in NSW North Coast, New South Wales, and one of 3 Clothing/Accessories Businesses in this region that a business for sale currently has on offer. This Clothing/Accessories Business is for sale in NSW North Coast for the asking price of $285,000 + SAV and has been on market for less than 3 months.