For Sale $295,000
SBX Business Brokers

View phone number

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $295,000

Business Details

Retail - Wholesale - Party - Hire - North West Syd.

\nRetail - Wholesale - Party - Hire - North West Syd. - Agent SBX Code Number: GJ1303

Well established party warehouse. 20% of the business is corporate sales of promotional balloons for partys, Lotto arches, weddings, events of all kinds. This is a growing part of the business. Also provides decorative pieces like champagne glasses and champagne bottles with bubbles flowing, tank hire, balloons shaped in hearts, angels etc. The second part of the business is the retail outlet selling all kinds of party products, gifts and decorations, plus party hire equipment like tables, chairs, bain maries, urns, party costumes. Business has enjoyed a very successful trading history and continues to experience growth. Third part of the business is the wholesale division where the vendors have established wholesale supply to other party shops. Also sells a variety of licensed products like Ben 10, Disney Princess, Dora, Toy Story, Superman, Batman etc. Management in place for an investor wanting a business run under mgt.

Potential
Develop the decorative balloon market. - Extend the hours on Saturday and open on Sunday - Would suit two owner operators.

Features
Unique position. - Well known - Attractive, high profile signage plus good fit out. - Loyal client base. - Very reasonable rent. - Online sales. - No direct competition.

Premises
Two levels, modern light industrial unit with office, storage, showroom, fully air conditioned, 24 hr security and onsite storage space and total area of 325 sq.mts.

Location
Very busy commercial trading area in the North Western of Sydney

Trading Hours
6 days - Mon. to Fri. - 9 a.m. - 5 p.m. - Sat. - 9 a.m. - 2 p.m.

Lease
1 year + 2 year option

Employees
2 full timers + 1 casual + 1 full time owner operator

Comments
No vendor finance available.- Z reads, P&L, lease, purchase invoices all available for review. - 80% of the business is from party shop sales - 20% from wholesaling. Detailed sales breakdown available for review. website does not belong to owner and is not included. Buyer will require storage space of approximately 2 x 20ft containers in size. Ideal for buyer wanting to operate from home and use existing space.

Figures
Weekly Sales $10850
Rent (ex GST) $975
Wages $1460
Profit $3886

Agent SBX Code Number: GJ1303 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
 1 of 1 photos 

Enquire

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

Enquire about this business:

I would like to:

Tools