Profitable High End Gift Shop With Lottery In Eastern Suburb Adelaide

Business For Sale Adelaide SA Region, South Australia

Business Category Clothing Accessories

$245,000 + SAV

Description

Profitable High End Gift Shop With Lottery In Eastern Suburb Adelaide

Profitable high end gift shop with lottery in eastern suburb Adelaide
Price: $245,000 +$200,000(stock)

Finance information:
• Turnover: $1.3 Million in FY2021
• Net Profit(PEBITDA): $236,964 in FY2021; $129,708 in FY2022 (half year)

Business Information:
• Retirement sale
• Established for 18 years, same owner for 8 years.
• No impact from COVID
• Profitable and busy business, sales and profit increase each year
• Quick return to the working owner
• Locate in an affluent eastern suburb, close to Adelaide CBD
• Belong to a shopping centre, face entrance of a big supermarket, with plenty foot traffic every day
• High end giftware with no competition in this shopping centre
• With lottery outlet, cards, books, magazine and stationery
• Generous 2 shop size approximately 200m2
• Surround by many high reputation schools, easy for parents to drop/pick up school children
• Ample 2-hours free car park, 60% are under cover parking
• Complete records and solid information support for the sale
• All supplier details will be provided to buyer. A comprehensive hand over will be carried.
• Suit for family or business immigrant
• Requirement to the buyer: Good English, business experience, solid finance (no bank loan required/pre-approval by the bank)

Please ring Yiling Tang now or send an email to obtain further information.
Contact Seller
Yiling Tang

Bsale ID: 579438
Broker REF: 15553

Business Brokers Network Australia
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