Howards Storage World RhodesListing: #NSW09108
About this Business for sale in Inner WestHowards Storage World Rhodes
Howards Storage World located at Rhodes Waterside Shopping Centre is one of Australia's most recognised and reputable franchise systems operating in the homewares category.
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. Product categories include kitchen, bathroom, laundry, bedroom, office, living room, garage, kids and cellar.
Key Investment Features:
- Purchase price excludes stock on hand minimum of $200,000
- Average weekly sales of $27,500 in FY2019 (excluding GST)
- Lease expiring 18 November 2020 with a further 5 years option
- Low Royalties and Marketing Levies based on weekly Gross Sales
- Trades 7 days per week and late on Thursday.
- After completing the training program, you will be equipped with the knowledge to offer customers advice on all their home storage needs.
This business is currently operated under management however an owner operator would have the opportunity to increase sales and take business to the next level.
For more details, please contact Graham Streeter or Gareth Wolrige
Brokers: Graham Streeter Gareth Wolrige
Mobile: 0418 870 920 0448 715 762
Phone: 02 9899 1999 02 9899 1999
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/NSW09108
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
+ 61 2 9899 1999
+61 448 715 762
*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.