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Business Details
Code:
RB800
Business Type:
Video Store
Area:
Cairns area
Established:
Approx 20 years (2 owners)
Lease:
2 + 5 years
Rent (excl GST):
$7,450
Trading Hours:
9am – 10pm Sun-Thurs
9am – 11pm Fri-Sat
No of Staff:
Vendor + 1 perm + 5 casuals
Approx Turnover(excl GST):
$500,000 + per annum
Reason for Sale: Desire to relocate to Brisbane for family reasons
      General Information

Excellent consistant profit due to the previous and current ownership stability

Well exposed store - located on the Bruce Highway - Can't miss it!

Neighbouring McDonalds and IGA supermarket + other stores

Limited competition in the area

Store was recently refitted to a high standard with new carpets, signs, repaint, new
countertops, and 3 internet kiosks. No need to spend to upgrade - just move in and start
operating!

Possible to reduce space and save on rent, or find other opportunities to incorperate

Potential to increase retail and / or add to the internet zone

Average population growth of 3.3% per annum. A major unit construction with 504 apartments is
about to commence just 100 metres from the store. With a high percentage of additional renters
to the area - this will add significant new memberships.

Idyllic Cairns lifestyle offering world heritage rain forests, The Great Barrier Reef and
beaches, and the Atherton Tablelands on your door step

Suited to a part or full time owner operator, or run as a family concern

Full training by the owner, was is a video store enthusiast, will be provided if required

Store financials up to 31st December 2007 available to qualifying potential buyers



Asking Price:
$365,000 + SAV (approx 10k)
 
For more information, please contact:
Reg Butler on 0438 189 657


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