Profitable high end gift shop with lottery in eastern suburb Adelaide

Preview Listing

Location Details :

Country

Australia

State

South Australia

City

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Industry :
Professional - Brokerage ; Professional - Property/Real Estate ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Profitable high end gift shop with lottery in eastern suburb Adelaide
Price: $245,000 +$200,000(stock)

Finance information:
* Turnover: $1.3 Million in FY2021
* Net Profit(PEBITDA): $236,964 in FY2021; $129,708 in FY2022 (half year)

Business Information:
* Retirement sale
* Established for 18 years, same owner for 8 years.
* No impact from COVID
* Profitable and busy business, sales and profit increase each year
* Quick return to the working owner
* Locate in an affluent eastern suburb, close to Adelaide CBD
* Belong to a shopping centre, face entrance of a big supermarket, with plenty foot traffic every day
* High end giftware with no competition in this shopping centre
* With lottery outlet, cards, books, magazine and stationery
* Generous 2 shop size approximately 200m2
* Surround by many high reputation schools, easy for parents to drop/pick up school children
* Ample 2-hours free car park, 60% are under cover parking
* Complete records and solid information support for the sale
* All supplier details will be provided to buyer. A comprehensive hand over will be carried.
* Suit for family or business immigrant
* Requirement to the buyer: Good English, business experience, solid finance (no bank loan required/pre-approval by the bank)

Please ring Yiling Tang now or send an email to obtain further information.

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Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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