Listing status: Inactive
Reason: --
Retail - Show Bags - Marketing - Business Opportunity - Retail - Sales $2,452,320 p.a - Show Bags - Marketing - Business Opportunity - Profit $413,920 p.a - CB1368
Retail - Show Bags - Marketing - Business Opportunity - Retail - Sales $2,452,320 p.a - Show Bags - Marketing - Business Opportunity - Profit $413,920 p.a - CB1368
Industry :
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About the business
Retail - Show Bags - Marketing - Business Opportunity - Sydney - Agent SBX Code Number: CB1368
Retailing of show bags at the four premier state agricultural shows in Sydney, Brisbane, Adelaide and Melbourne - Average turnover in Sydney, with 900,000 visitors over 12 days is $650,000 - $800,000 - Brisbane 400,000 visitors over 10 days is $400,000 - $500,000 - Adelaide 500,000 visitors over 10 days is $380,000 - $450,000 - Melbourne 500,000 visitors over 12 days is $500,000 - $650,000 - Contracts for the rights are in place for 3 years at Adelaide and Brisbane with negotiations ongoing for the rest - Stock, which is not perishable, can vary between $500,000 and $2,000,000 -
Potential
Target other markets, including country shows, corporate Christmas parties, school fetes, theme parks and party shops - Create website to target on-line sales.
Features
Unique business ownership transfer available only by buyout of existing operator - Capital city shows are a closed shop - Requires very small actual hours - Only seven major operators with rights.
Premises
Portable stalls erected on a temporary basis at major agricultural shows.
Location
Major state capital agricultural shows in Sydney, Brisbane, Adelaide and Melbourne.
Trading Hours
Agricultural show operating hours, usually 8.30am until 9.00pm - Total 44 days per year.
Lease
Not required.
Employees
2 owners - 5 casuals.
Comments
Misc.- 1 - Stands and displays - Misc.- 2- Travelling ($170), General expenses ($1020) Printing ($175) - Equipment includes 4 showbag stands plus spare signage, name boards, mannequin heads for wigs and masks, lights for 3 stands and printing plates - Owner is prepared to stay on for an extended period for orderly transition - Some vendor finance may be available.
Figures
Weekly Sales $47160
Rent (ex GST) $4400
Wages $2075
Profit $7960
Agent SBX Code Number: CB1368 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
View other listings by this business
$1,600,000
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These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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