This business has been trading for 16 years at the same site in the western suburbs of Sydney. Under management the business profits approx $80k.
The Business sells a large range of Adult toys and related products. The business has a good website which has a growing revenue stream plus a retail store in a busy area of Sydney. Excellent markup on product range, local quality suppliers.
Very good location on busy road
Excellent rental terms for the size of
br/> Under full-time management.
Good opportunity to increase on-line sales.
DA approved with high barriers to entry for similar retail businesses in the suburb.
Fully systemised with computer software management programs.
High potential for marketing improvements.
The manager of the business is happy to stay on in the business and is committed to work with the vendor and new owner for a smooth transition of ownership. Owner retiring.
This is a unique opportunity and would suit someone who is looking for a business that can be run under management. A typical buyer would be someone who already has a business and is looking for expansion or someone who may have a good paying job but is looking for an investment with a healthy return.
The Asking price is $105,000 plus stock at value which is estimated to be $80k.
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