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
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