Own a thriving business in beautiful Lakes Entrance

This highly reputable retail business sells Electrical, Furniture, and Bedding goods from an enviable location. The business has been running for more than 40 years and has well established customer and supplier relationships, servicing a broad range of retail, government, and business customers throughout East Gippsland. The business operates with the national buying power and support of the Betta Franchise and Homemakers Buying Groups. With a history of strong financial performance in a growing region, the business is well positioned for continued long term financial rewards.

FOR SALE
$990,000 + SAV

ABOUT THE BUSINESS
Strong Financial Performance.
Full Accountant prepared financial history available.
Remotely managed store with ownership based in Melbourne.
Fully trained local staff successfully operating the business.
Franchise support with Online Sales, IT systems, Training, Marketing, Advertising, Product
sourcing, and Retail services.
Strong management and planning systems in place in addition to franchise systems.
Excellent lease and accommodating Landlord.
Diversified Sales.
History of successful navigation of retail disruptions such as the GFC, Bushfires, and COVID.
Minimal utility costs with a 27KW solar system and new LED panel lighting.
Strong Customer Orders register with associated deposits to offset purchase price.

The Phone Code for this property is: 52161. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.