OUTSTANDING LIFESTYLE KITCHEN WARE RETAIL BUSINESS. SUPERB STRONG SOLID CASHFLOW. INSPECTION WILL IMPRESS. ESTABLISHED WITH LONG HISTORY OF STRONG SALES AND PROFITS. SUPERB INVESTMENT FOR THE NEW OWNER SEEKING A QUALITY MONEYMAKER WITH A GREAT LIFESTYLE AND SECURE SOLID CASHFLOW. SALES FOR FY 2023 circa $600K WITH EXCELLENT VERY HIGH GP. ASKING PRICE $170,000 PLUS STOCK $225,000 (approx)

Owner works easy hours. Fully staffed and would be ideal family business or a partnership. Fantastic CASH FLOW BUSINESS, established 30 years offering a very inviting entry into an excellent industry, high margin in demand simple everyday products. Owner retiring. Ticks all the boxes. Inspection will impress.

Business Price $395,000.00

Business Description

OFFERED FOR SALE – OUTSTANDING OPPORTUNITY

LIFESTYLE AND GREAT CASHFLOW WITH HUGE GP 51%

KITCHEN WARE RETAIL BUSINESS WESTERN AUSTRALIA

     

A SUPERB INVESTMENT FOR THE BUYER, ENJOYABLE & EASY TO RUN

THIS IS ONE OF THE BEST, AN ICONIC AND WELL KNOWN BUSINESS

EXCELLENT PROFITS FOR A NEW OWNER OPERATOR

ASKING PRICE $170,000 PLUS STOCK 225,000 (subject to stock take)

EXCELLENT LONG ESTABLISHED

STRONG TRADER WITH EXCEPTIONAL MARGINS

It is with pleasure as exclusive selling selling agents, JP Real Estate & Business Agents are offering this great business for sale.

Established for over 30 years with a long successful history, this is a lovely and easy to learn and run kitchen ware, homeware  and gift style kitchen products store.  The business has an excellent reputation and continues today – a strong trader continuing into the future. It has a very good name in the industry, built up as a result of providing many years of service and quality products to its customers. It is a very simple business to run and operates from  centrally located  premises in a very busy location in one of Perth busiest suburban locations with huge customer flow 7 days a week from both local shoppers and visitors from all over Perth . The business presents very professionally in a prime street location a huge passing pedestrian flow. Not in a shopping center, the retail location is the best, with an easy reasonable rent and a long good lease, and an excellent longstanding landlord, this business has had a long successful trading history built on good foundations – strong secure tenancy, low running costs, in demand everyday products with great margins, easy to run and with an ever growing repeat and new customer base.

The store is very special and presents with a very inviting ambience. It carries a very extensive and diverse cross section of merchandise including a number of well-known brands. The store is very professionally set up and on entry customers are amazed with the range of product. The store is literally filled to the brim with the greatest stock range – a fantastic place to browse and shop. Additionally,  the premises has an onsite storage area (the same size as the shop) for bulk stock. Particularly important, as the business offers a huge stock variety with plenty of stock for shoppers be it personal shopping, gifts, birthdays, weddings and anniversaries, etc etc. And of course the lead up in the months before Christmas being the busiest selling period.

Testament to this business’ strong trading ability, is the fact that the owner runs the business with a very good cashflow and in particular carries no debt. Margins are excellent and the business will be self funding for the buyer from day one with little requirement for working capital. A great retail business with all sales either cash or eftpos.

SALES FOR THE 12 MONTHS FY 2023 WERE $590,636 with a GROSS PROFIT MARGIN ON PRODUCTS OF  51% !!!!!

Easy to operate, the business runs  with 5 staff rostered through the week who are the hands on store staff. The owner’s time is flexible and the Owner spends time in the store as and when required, and over the many years of operating the business has good systems in place  and take a great deal of time off at the Owner’s country property. The Owner’s duties are purchasing, rostering staff, payments and any other admin required from time to time. The business systems are simple and all in place and all stock handling is fully computerized.

The business will suit any buyer, an individual, husband/wife or partnership.   Takeover by the Buyer would be easy with all systems and staff in place. The Seller will assist the Buyer after settlement for a suitable period with advice on stock purchases and stock levels to ensure a smooth and seamless transition at handover.

After a long career in this easy to run business, the time has come for the Owner to sell and thus the business is now offered for sale at:

PRICE $170,000 Plus Stock approx $225,000 (subject to stock take at settlement) 

An excellent business opportunity for the Buyer.

It is a good business and with a new Owner would provide a very good income and growth in the near future.

Please telephone the Selling Agent on 0418 514 577 or 0402 158 225 or complete and submit the email enquiry for  for further information.

 

 

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