Kitchen Ware Products Iconic Well Known Business Long Established Strong Trader

KITCHEN WARE RETAIL. 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 (subject to stock take at settlement)

A SUPERB LIFESTYLE, ENJOYABLE & EASY TO RUN

ICONIC AND WELL KNOWN BUSINESS
EXCELLENT PROFITS FOR A NEW OWNER OPERATOR

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.

ASKING PRICE $205,000 PLUS STOCK 250,000 (subject to stock take).

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 the above telephone numbers or complete and submit the email enquiry for for further information.