Specialist Storage Franchise For Sale

Business For Sale Sydney, New South Wales 2000

Business Category Building and Construction Professional Services Trade Services

$1,500,000 + SAV

Description

Specialist Storage Franchise For Sale

*Location*

The stores are located in 2 separate locations in the Sydney area. Each store has huge exposure to thousands of passing traffic each week as they are both located in very busy shopping centres.
Location revealed upon NDA signed

*Potential*

The brand has recently changed its model and has provided for its franchisees a great opportunity to take advantage of the economies of scale with margins lifting because of the lower cost of goods. It is part of a large network of stores with over 60 similar stores in Australia.
• In store and on-line sales have been increasing over the past 12 months
• Both stores have recently been refurbished
• Both locations have large key tenants that attract large numbers of consumers

*Training*

All training will be supplied the head office to any new owner. Past retail or management skills would be helpful but not essential for the business

*Trading Hours*

The stores are open 7 days a week and are opening hours are determined by the shopping centre management

*Lease*

Both stores have great medium term leases and centre management has expressed interest to offer new owners similar lease

*Employees*

Each store has a manager that is full time and the rest of staff are casual. The numbers are seasonal

*Reason For Sale*

The owners wish to exit for retirement purposes.

*About The Business*

This Retail franchise operation specialises in space saving and organisational products for the home and office. In a world where living space is at a premium, becoming more organised is a growing need for people who lead busy lives.
The product categories include kitchen, bathroom, laundry, bedroom, office, living room, garage, kids and cellar.
This diverse product range and competitive price range has helped established this brand as the leading storage / space saver in Australia.
As a brand, surveys have proven that when consumers are looking for storage solutions for the home or office, over 90% of people surveyed thought of this brand in their top 3 stores.
The owners have only recently refurbished both stores that has resulted in more customers walking in from when passing by. The brand has also gone through a re-organisation which has meant greater margins for the store owners as the price of products they buy from head office have been dramatically reduced in price.

*Years Established*

The company originated in Australia as a single store called “Stack and Store” in the Sydney suburb of Northbridge in the early seventies.
It changed its name in 1997, then expanded Australia wide through franchising. The company also international master franchises in 5 other countries.
The current owners bought the stores 5 years ago and have generate some great income over the years that has allowed the owners to pay themselves some great dividends each year

*Financials*

Period (Per Year)

Revenue $3,557,992

Rent $596,874

Expenses $2,265,311

Net Profit $695,807
Contact Seller
Jeremy O'Gorman

Bsale ID: 532012

Transworld Business Advisors Manly
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