Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $295,000

Retailer for sale in NSW

Food/Hospitality
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

  • Last Updated January 2016
  • 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
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