GIFT SHOP MT LAWLEY AREA

Firmly established in the home ware, and gift ware retail market. It is a well-established business with immaculate presentation and operates retail premises in an excellent location in Mt Lawley WA a very busy and popular neighbourhood. The operations entail a professionally set up store, in a central location in the vicinity of the prime retail precincts around Beaufort and Walcott Streets. The area around the shop is surrounded by businesses of all types and draws a great number of people

Originally, the business was set up by the current owners to take advantage of the location with very high weekly exposure to its the prime market – The Mt Lawley demographics – upper middle class free spending area with a liking for stylish home and gift ware. The business is a lifestyle shop stocking well-known and also exclusive brands of clothing, lovely gifts and home wares and in just a few years has established itself as the place to go in Mount Lawley for that “something a little bit special”.

Easy to operate, and currently run completely under management by casual staff. The Current Owners spend no time in the business whatsoever as they are committed full time elsewhere. Excellent historical profits past 5 years $100,000 to $120,000 for full time Owner Operators. Currently The Owners have let the business go under absentee ownership run under management by casuals and sales have come off somewhat early in 2014. Sales this December were great: Approx $30,000 and year to date 6 months to December 2014 were $105,000 with Gross Profit (GP%) running at approx 55% historically. Great little money-maker with good CASH CASH flow bonus for an owner operator. Excellent lease, great location, needs a fulltime owner to give some friendly and good service to a large and captive free spending clientele.

Absolutely ideal business for a husband and wife or partnership. Enormous potential to grow this business.

Just listed to market Feb 2015 at $80,000 all up (including Goodwill 25K + Plant 25K + Stock 30K)

OWNERS ARE VERY WILLING SELLERS AND HAVE INSTRUCTED US ‘TO PRESENT ALL OFFERS’

Please call John Papamatheos today on 0418 514 577 or email john@jpbrokers.com.au

The post GIFT SHOP MT LAWLEY AREA appeared first on AIBB Sales Latest Business Listings.

Source: http://ift.tt/1ETELT5