Listing Number: 47441-57741
The home of brand name sporting footwear including joggers, walking & school shoes, hikers, work boots, casual & fashion shoes, equipment & accessories for over 40 years. NEGOTIABLE VENDOR.
This highly visible business is located on a main shopping strip with a variety of specialty shops and services, attracting much walk-in and drive-by traffic with plenty of parking.
NOV 18 finishes 3rd year of a 5 years option and another 5 years option after that.
MON-FRI 9am-5:30pm SAT 9am-4:30pm SUN 9:30am-3:00pm
Manager + 3 Casuals
Owner will train - No specific industry experience required.
Potential for a profitable passive investment opportunity as the business is run by a manager.
Unbeatable growth and expansion opportunities exist to introduce online sales and upgrade existing website.
Reason for Sale
The owner is preparing to retire but need someone capable to take over and continue to growth.
About the Business
It is a retail store with 132 m2 in size, selling an extensive range of famous brand footwear including joggers, walking & school shoes, hikers, work boots, casual and fashion shoes. They also stock sporting equipment and accessories for all kinds of sports.
Due to lack of competition the store serves a wide range of customers from neighbour suburbs. The area covers the biggest demographic concentration of schools in the Northern Beaches with more than 20 schools from Primary School, High School, Grammar School, Dance School, Martial Arts School, Private Schools, Child Care Centres and Rugby, Cricket & Soccer Clubs.
Genuine and motivated seller is willing to train you for the entire year for continued success as the owner believes the business go throughout different stages in different seasons, and having a mentor on those phases would be greatly beneficial.
CONTACT WILLIAM CARDOSO TODAY FOR A MORE DETAILED BUSINESS SUMARY
- Price: $170,000
- Down Payment: $17,000
- Sellers Discretionary Earnings: $168,466
- Total Sales: $674,000
- Location: Warringah Council, New South Wales
- Inventory: $0
- FF&E: $0
- Employees: 0
- Year Established: 38
- Reason for Selling: Divestment
- Category: Clothing