.
Business Details
Code:
RB885
Business Type:
Clothing - Surfwear
Area:
Bayside
Established:
15 years
Lease:
See Description
No of Staff:
Vendors
1 Full-time
2 Part-time
15 Casuals
Vendor Hours:
1 x 16 hours for both stores (equates to 8 hours per store)
1 x 8 hours for one store
Reason for Sale: Other Interests
      General Information

The 2 stores are situated in prominent shopping centres on the South-side of Brisbane

The range includes young (or young at heart) male and female clothing and accessories mainly
from well known exclusive Australian iconic surfing brand names.

Both stores have been established for approximately 15 years and demonstrate a good history
of sales increases e.g.
2007 $1,210,000
2008 $1,310,000
2009 $1,379,000.
The business has handled the global crises well

Achieved gross profit is approximately 48%

Store A
Size of store is 210m2
Approx $200,000 has recently been spent refurbishing the store to a high grade standard
offering some great depreciation write-offs

Store B
Size of the store is 80m2

Trading Hours are:
Mon - Fri 9.00am - 5.30pm (9.00pm Thursday)
Saturday 9.00am - 4.00pm
Sunday 10.30am - 3.00pm

Stock value is approximately $200,000 - $240,000. This is subject to the time of year and
varies

Full quality training will be provided by an industry enthusiast if required

Return to a part-time owner/operator (12 hours) was $260,000 for 2008/2009. A full-time owner
operator could realize $300,000 (before interest & taxes)


Both stores are priced to sell at $795,000 + SAV

Exclusivity of products for the area is also available - subject to negotiation

For more information, please contact:

Reg Butler
0438 189 657
reg@brokers.net.au
Asking Price:
$795,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration                           Site Map                             Privacy