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Sporting & Golf apparels retailer for sale #303577

Sporting & Golf apparels retailer for sale #303577

Sporting Golf Apparels Retailer
Sporting Golf Apparels Retailer

Sporting & Golf Apparels Retailer
for sale.

Sporting & Golf Apparels Retailer for sale. Prime Seaside Suburb, only a short 30 mins. drive from Brisbane. Established 30 years! Carries Greg Norman etc.

Prime Seaside Suburb
Only a short 30 minute drive from Brisbane.

Established 30 years!

Business Brokers Brisbane

Supplier of exclusive golf and sporting apparel brands such as Greg Norman, Cutter and Buck, City Club, Ambler NZ, Duchamp and stockists of Tail American ladies wear, Precious Cargo and many more including an Australian well-branded shoes range

This store is located in an up-market waterfront precinct.
Established 30 years ago and the current husband and wife team have operated business for the past 13 years in the same location!
Neighbouring tenants include a 5-Star Hotel, Cafes, Gift Shops, Post Office, Liquor Store, Supermarket and several Restaurants that generates lots of traffic.

Owners will provide last 6 years Accountant prepared financial statements to verify income. Nett for 2019 was over $137,000.

80% repeat customers with 10% locals and 10% from the 5-Star Hotel Guests.
Owner states a minimum of 100% mark-up on prices.
Well-presented up-market display and shop fit-out.
Opportunity to travel to the United States once per annum for 12 days to buy stock and also have a holiday – tax deductible!
A great lifestyle business in a relaxed setting and airconditioned store.

Reason for Sale:
Genuine sale – Owners wish to retire (however, willing to work 2 to 3 days per week if required).

Brokers Comments:
An ideal opportunity to secure this well-established business and further grow it with an updated website and target online sales to take it to the next level.

Overview

Owner shows nett for 2019 on financials of over $137,000.00
Lease: Current lease expires November 2023.
Rent: $89,000 + GST p.a.
Price: $150,000 plus SAV (approx. $250,000)
Code: 303577

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.

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