The Brokerage Connection Phone : 1300466 ****
Matt Butcher
1300 ****

0401 ****

Largest Harry Potter Themed Retail Stores. $2.85m Turnover

Listing Id : 269609

Location : Victoria - North Melbourne

Category : Fashion, Retail, Computer and IT

Asking Price : $1,975,000 wiwo

Business description

Rare opportunity to own these very profitable licensed Harry Potter merchandise stores - The Store of Requirement. Enterprises of this nature offer their owners excellent and consistent income with further growth potential and hence they are tightly held and hard to obtain. This business consists of two well located stores in Brisbane and Melbourne, selling Australia’s largest range of officially licensed Harry Potter merchandise. The business also offers an extensive range of products through online stores such as eBay and Amazon. Enjoy excellent profitability underpinned by significant levels of recurring revenue from the huge database of repeat fans/customers. The market position of this business is very strong with significant barriers to entry for competitors present. Customer demand could support a further scaling up of operations and, opportunities clearly exist for a new owner to grow the business further. The business price is well substantiated by financial results. - Turnover $2.8**** **** million - Adjusted Net Profit $500,000 - Stock value approx. $650,000 Asking price - $1,975,000 wiwo Note: Strict confidentiality applies. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Enquire now to receive a Confidentiality Agreement/NDA and a copy of our information memorandum on this business. Or speak to our Senior Broker, Matt Butcher on**** **** . Our Ref: MB205 Tags: retail, merchandise, Harry Potter, collectables, costumes, online store, e-commerce Property Code: 205

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