Business for sale in Victoria , MELBOURNE
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| Company Details: | Profile Business Brokers |
| Agent Detail: | Barry Hawkridge |
Australian Flagship Store, Highly Profitable Franchise
Financial summary
Sales revenue: $ 3,300,000
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
Australian Flagship Store, Fully Established, Highly Profitable Franchise –
Major Storage / Homewares Business Forming part of International Franchise Group
Asking Price: $1,500,000 + Stock at Valuation – No Retail Experience Required
Howards Storage World is a well-established, Australian & International Franchise with a devoted following for its essential home-based products. The Group aims to be the dominant global retailer in Storage, Space Saving and Organisation-related products for the Home, Garage or Office.
Located in an established Shopping Centre just 4 kms from Melbourne’s CBD, this Flagship Store of the highly-regarded Franchise Group is being offered for sale for the first time since being established some 10 years ago by the current owner.
The business is near a main entrance of the Shopping Centre close to the Food Court, and with the Centre’s anchor-tenant as its high profile neighbour, all contributing to the extremely high foot traffic for this business. Fully staffed and managed by an experienced manager, the new Owners can be as hands-on or hands-off as they wish.
This business will be hard to pass-up and ticks all of the boxes!
- Shopping Centre Lease has just been renewed.
- Well-equipped & newly fitted-out retail store (Approx. 260 sq m) with ample onsite parking and storage facilities.
- Consistently ranked in the Top 2 Howards Storage World stores (not just Nationally, but Internationally).
- Currently managed by a full complement of experienced staff.
- Large diversified product range with wide appeal.
- Consistent Sales of over $3.3 Million p.a. with excellent returns to the owner.
- Strong support and back up of an experienced Franchise group in all aspects from IT/Systems to Buying. No retail experience necessary; excellent training and mentoring.
Lease Documents and financials will be made available to accredited, genuine purchasers.
This Business is Realistically Priced for Today’s Market and a Quick Sale
Offers invited $1,650,000 plus stock. For more information contact:
Mr Barry Hawkridge
Profile Business Brokers Pty. Ltd.
Suite 1216, 401 Docklands Drive
Docklnads Vic.
Phone: 03 9602 3001
Mobile: 0428 815 474
barryh@profilebusinessbrokers.com.au
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