SBX Business Brokers Phone : 02 9439 ****

Retail - Perfume - Gifts - Under Management - Perfume - Netts $4,347 p.w.- New lease - Recently renovated - High margins

Listing Id : 272414

Location : New South Wales - Penrith

Category : Retail

Asking Price : 348,000

Business description

Retail - Perfume - Gifts - Under Management - Western Suburbs - Agent SBX Code Number: SF1**** **** Retail perfume boutique offering luxury, niche and design perfumes and stockists of upmarket, well known and sought after mens and womens fragrances offered at a substantial discount. - All products are top quality brands, guaranteed original designer fragrances and a perfect gift to suit any style and budget. - Also carries some exclusive brands - Name should be available by negotiation - A recent new lease and $250,000 upgrade and fitout cost has been done in late 2018 Potential Would also suit an owner operator - Expand online store - Do some advertising and marketing Features New lease - Recently renovated - Great location - High margin products - Low overheads - Very easy to run - Very strong brand - Under Management - Well established for 10 years Premises Brand new fit out and luxury makeover with very good exposure to the centre adn has an area of 65m2 Location Situated in busy shopping centre next to major retail anchor tenant, close to the train station and surrounded by residential and lots of commercial in the Western Suburbs Trading Hours 7 days - Mon. - Tues. - Wed. and Fri. - 9 a.m. - 5.30 p.m. - Thurs. - 9 a.m. - 9 p.m. - Sat. - 9 a.m. - 5 p.m.- Sun. - 10 a.m. - 5 p.m. (Shopping centre hours) Lease Current lease expires 30th Sept. 2**** **** . - 5% increases - 3 month bond. Employees 1 Manager + 4 - 5 casuals Comments Misc.- 1 - Other general expenses - Weekly sales exclude GST - This shop has been recently renovated so nothing to spend and no upgrades required. - Name may be available by negotiation with the vendor - The Managers wages of $1100 p.w. has been removed and shown in net profit as if for an owner operator - This business can also be purchased with our other listing SF1**** **** A must to inspect but please be discreet. Figures Weekly Sales $30500 Rent (ex GST) $2867 Wages $2**** **** Profit $4347 Agent SBX Code Number: SF1**** **** - SBX Business Brokers


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