Import and TWO retail stores operating in busy shopping centres. Established 20 years

BRISBANE, QLD
Sold
Description

Import and TWO retail stores operating in busy shopping centres. Established 20 years

Sold - BRISBANE QLD

Short Summary

Now Covid is easing, it is time to start importing again and return to pre pandemic turnover $2million plus…or enjoy the relaxed lifestyle of two easy retail stores with Australian suppliers. Choice is yours.

Key Selling Points

  • Established brand
  • Low working capital requirements
  • Long term Management and Staff in place
  • Long Term Lease in place
  • High Profit Margins
  • Simplistic business
  • Exclusive Provider
  • Long-term Customers in place
  • Exclusive Suppliers in place
  • A1 Location
  • High foot traffic location
  • Ideal family business with opportunities to take holiday periods off

For 20 years buyers have sought this business for the unique giftware, furniture and clothing they import. The owner spent 7 months of every year overseas and left the 12 stores under management.
During the pandemic the cost of shipping meant the owner paused imports and focused on selling Australia made. The business has been downsized to a manageable 2 popular stores with exclusive supply rights.

A new owner may choose to keep operating the stores at this easy level or to return to importing. All the offshore manufacturing contacts and guidance for importing will be offered.

Both stores are positioned in busy shopping centres with huge passing traffic.

Price is for both stores and import contacts

Contact Kerri Maher 0416 013 911 | Henry Chow 0421 040 857

Asking $450,000 plus Stock at Value ($80,000)

Ref. BUY2136

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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    Real Estate Agent's
    Kerri Maher
    Business Broker
    0416 013 911
    Fluent English. Kerri, the most likeable business broker you’ll ever meet, was a successful Business Coach, and operated her own Beauty Salon pampering the likes of Kylie Minogue before selling the business herself. Today, Kerri receives almost all her work from referrals and repeat business and can sell any general business from import, wholesale, retail, health and fitness, beauty, distribution, accommodation, tourism, Online, food, and manufacturing!
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      Henry Chow
      0421 040 857
      Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
      Read More

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