Food/Hospitality Business for Sale in VIC Photo 1
Retailer for sale in Melbourne city, VIC
For Sale $405,000

Retailer for sale in VIC

Food/Hospitality
VIC
For Sale $405,000

Business Details

Retail - Furniture - Melbourne City Fringe

\nRetail - Furniture - Melbourne City Fringe - Agent SBX Code Number: GVC1027

Retail selling imported quality home furniture and other related home items such as paintings and light fittings.

Potential
There is potential to grow this business and establish other branches. Would suit two owner operators and save on wages.

Features
Busy location for furniture. Regular clients.

Premises
Large well presented area of 600 sq.mts.

Location
Situated in a large prominent shopping precinct specializing in home furniture and other related items.

Trading Hours
7 days.- Mon. - Sat. - 9 a.m. - 5 p.m. -Sun. - 10 a.m. - 5 p.m.

Lease
3 + 3 year lease commenced Jul, 2011 - Can be extended if required.

Employees
1 full timer + 3 parttimers

Comments
This is a well developed business relying on customers looking for quality furniture. - Business relies heavily on goodwill and word of mouth. Owner may consider a business partner/overseas investor.

Figures
Weekly Sales $13541
Rent (ex GST) $1923
Wages $1250
Profit $2605

Agent SBX Code Number: GVC1027 - SBX Business Brokers

  • Last Updated August 2015
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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