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Retail Business For Sale in Penrith Sydney NSW

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Retail - Perfume - Gifts - Under Management - Perfume - Netts $4,347 P.w.- New Lease - Recently Renovated - High Margins

Location:Penrith, Sydney, New South Wales

Category:Retail

Asking Price:$348,000

348000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Retail - Perfume - Gifts  - Under Management  - Perfume - Netts $4,347 P.w.- New Lease - Recently Renovated - High Margins

Business description

Retail - Perfume - Gifts - Under Management - Western Suburbs - Agent SBX Code Number: SF1557

Retail perfume boutique offering luxury, niche and design perfumes and stockists of upmarket, well known and sought after mens and womens fragrances offered at a substantial discount. - All products are top quality brands, guaranteed original designer fragrances and a perfect gift to suit any style and budget. - Also carries some exclusive brands - Name should be available by negotiation - A recent new lease and $250,000 upgrade and fitout cost has been done in late 2018

Potential
Would also suit an owner operator - Expand online store - Do some advertising and marketing

Features
New lease - Recently renovated - Great location - High margin products - Low overheads - Very easy to run - Very strong brand - Under Management - Well established for 10 years

Premises
Brand new fit out and luxury makeover with very good exposure to the centre adn has an area of 65m2

Location
Situated in busy shopping centre next to major retail anchor tenant, close to the train station and surrounded by residential and lots of commercial in the Western Suburbs

Trading Hours
7 days - Mon. - Tues. - Wed. and Fri. - 9 a.m. - 5.30 p.m. - Thurs. - 9 a.m. - 9 p.m. - Sat. - 9 a.m. - 5 p.m.- Sun. - 10 a.m. - 5 p.m. (Shopping centre hours)

Lease
Current lease expires 30th Sept. 2025. - 5% increases - 3 month bond.

Employees
1 Manager + 4 - 5 casuals

Comments
Misc.- 1 - Other general expenses - Weekly sales exclude GST - This shop has been recently renovated so nothing to spend and no upgrades required. - Name may be available by negotiation with the vendor - The Managers wages of $1100 p.w. has been removed and shown in net profit as if for an owner operator - This business can also be purchased with our other listing SF1558 - A must to inspect but please be discreet.

Figures
Weekly Sales $30500
Rent (ex GST) $2867
Wages $2040
Profit $4347


Agent SBX Code Number: SF1557 - SBX Business Brokers

Other Information

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