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

Posted by: Kerri Maher | January 28, 2022

$450,000

Description

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

- 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 | Roger Sripunporn 0414 277 422

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

Ref. BUY2136

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. 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(3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. 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Kerri Maher

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0416 013 911

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

Description

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

- BRISBANE QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Kerri Maher

Roger Sripunporn

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