Domesky 

$140,000.00 Tax includes

Miranda

SKU: FQ1097 Categories: ,

Description

General Description
Retail variety store selling inexpensive but popular everyday items such as gifts, fashion & mobile phone accessories, homeware, toys, hygiene and healthcare items, kitchenware, bathroom necessities, clothing etc. – Franchisee can choose the best stock-mix for their own store.

Potential
Could increase stock levels – Room for price increase – Local promotion & marketing

Features
High traffic location – Strong brand name – No on-going franchise royalty or fees – Large selection of popular items available from Franchisor

 

Premises
Recent and aesthetically-pleasing store fitout of 105 sq.mts.

Location
High traffic location in busy shopping centre in South Sydney area.

Suburb
Miranda

Trading Hours
Mon – Sun 9:30am – 6:00pm, except Thurs 9:30am – 9:00pm;

Lease
Current lease expires Dec. 2021 – Annual C.P.I. increases + 3%. – 3 months bond.

Sale Reason
Returning overseas

Employees
1 owner + 12 casuals

Comments
Misc. – 1 – refers to GST & tax payments. – A franchise business with franchise support but no on -going franchise fees. – Vendor is moving overseas and selling the business below the store fitout.

 

Figure Display Type Regular
Weekly Takings $16,000
Cost of Goods $5,000
Gross Profit $11,000
Rent $5,000
Outgoings $
Wages $2,200
Telephone $20
Insurance $40
Electricity $40
Gas $
Misc 1 $600
Misc 2 $
Total Expenses $7,900
Nett Profit $3,100
Price $140,000
Estimated Stock $50000
(Additional)
Equipment $
(Included)
Residence 0
Premium no
Undisclosed no