VARIETY PRODUCTS SHOP UNDER MANAGEMENT North Coast NSW
VARIETY PRODUCTS SHOP UNDER MANAGEMENT North Coast NSW
Industry :
--Sub Industry :
Variety Shop North Coast NSW
Sales $485,263 F.Y. 2020 and $593,769 F.Y. 2021
Adjusted Net Profit to Owner $44,766 F.Y. 2020 $59,516 F.Y. 2021 EBITDA (Earnings before interest, taxes, depreciation and amortization)
Full-time manager $55,000PA
If you want to be an Owner Operator approximate income $114,516
Rent $110,000
7 Days per week 9am to 5.30pm Monday to Friday, Saturday 9am to 4pm Sunday 10am to 3pm
Lease Offered or purchase the property price to be negotiated
One Manager three casual store assistants.
Training and handover: The owner shall provide a one-month training period to the incoming owner
The business run under management producing a passive Income for the owner, this has resulted in a great work-life balance, providing several opportunities to focus on other commercial interests.
The premises are available by negotiation. Recent infrastructure upgrade that included new roofing, flooring, air-conditioning and sound systems, shop shelving, and several other modifications no additional fit-out investment is required by the incoming owner.
The competitor's current location is set for demolition to make way for the construction and development of 100-apartment residential units that offers a great opportunity to attract new and recurring customers.
https://www.yeeyi.com/main/sub-section/details/list-details/5222563/?fid=716&cityFilter=1
All Business prices are negotiable, some more than others. You never know unless you ask!!
For More information on this outstanding opportunity contact Peter Fennell 0450 811 955
*Location description may be approximate, and images may not be representative of actual business for sale.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.
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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.
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$285,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
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!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
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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