XB159149 - TURNOVER: $450K - SHOPPING CENTRE LOCATION – READY FOR GROWTH
A well-known Cards and gift store offers a motivated buyer plenty of potential in a fast-growing Sydney suburb.
Established since 2008, this business has a prime location – which could be further exploited!
BUSINESS HIGHLIGHTS:
· 2023 Turnover: $636,499 – Profit: $133,062
· High gross profit margins – 55%
· 90 sqm premises in Westfield Shopping Centre – Close to Food Court
· Large loyal customer base plus plenty of walk-ins
· Everything included – just walk in and start trading
· Current owner works 15-20 hours a week with 3 casual staff
· Local Business Awards Hornsby Winner 2018 and 2021
· New fit-out worth $50,000 recently completed and fully equipped for a new owner to jump on in
· Long established business running for over 13 years.
· Large range of Greeting cards, Wrapping material, Novelties and Gifts
· Assets are included in the sale.
· Great potential for the current business by creating a website and do more social media promotions.
· 2-4 weeks’ training provided – Selling for health reasons
Perfect for an owner operator with experience in gift retailing or can be run under management. This well-known business could easily and quickly increase revenue by boosting its social media presence.
With massive growth forecast for this popular Sydney suburb, now’s the time to take this business next level.