Without a doubt one of the most spectacular retail opportunities in the market right now! A well-established business that is highly regarded within the community, drawing customers from nearby affluent suburbs and throughout Melbourne and beyond.
*Taking $64K+ PW
*Profit $500k+ PA
*10+ year history
*Very Long Lease
*280 sqm premises
*P&E worth $350K
*Ample parking available
*Situated in an upmarket Inner Eastern suburb of Melbourne
Through the years, it has transformed from a traditional business model into a unique concept store.
Offering something for everyone; Considered curated gifts, an exceptional range of greeting cards with international exclusive brands, wrap and ribbon, educational toys including big brands such as Lego. An extensive range of games, a baby department, books, stationery and high end paper products, Tattslotto and Ticketek.
The business has nurtured and developed long standing relationships with well-established international and Australian brands and has “area exclusivity” , locking in brands.
With an exciting design and atmosphere, it occupies over 280 sqm located in the heart of a bustling shopping precinct.
The current vendor’s decade of hard work and dedication has laid a solid foundation for continued success. With its exceptional sales and profitability, lack of competition and straightforward processes, it is a rare, low-risk investment that has the potential to grow further.
Take advantage of this exciting opportunity! Get in touch today to learn more about this business.
Listing ID: 16875
Broker: Sanjay Agrawal
Phone: 0402 023 502
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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