Coastal Variety Homeware Retail Store Central Coast $17,000 P/W Revenue!

The Entrance, NSW

Retail / Homeware/Hardware, Clothing/Accessories Home/Garden / Home Based
$375,000 Inc. Stock
Listing ID1636786

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Ray White Business Sales is excited to present a unique opportunity for a potential buyer to acquire a well-known and attractive variety and homewares store in the Central Coast.

Revenue:
$17,000PW

Location Details
Well positioned in a popular coastal town in the Central Coast Region within NSW, the store enjoys a loyal local customer base as well as tourist visitors, increasing the local population during the holiday periods to ensure a high footfall at the store at all times of the year.

Potential
The business has been well established and enjoys a solid trading history of over 16 years in the same location. The business has the potential to increase revenue by launching an online store which can be operated from the same premises, in addition to social media and marketing efforts. The business is currently run completely under management with the owners based in Sydney. Therefore, this is a great opportunity for someone to take a hands-on role in the company and grow the business.

In addition to having a thriving business, the new owner will enjoy the many lifestyle benefits which the local community offers with easy access to local landmarks and services.

Skills
Retail experience is preferred however the current manager is running the entire business including stock selection, stock control, ordering and staffing. The new owner could take a passive approach or become more involved within the business. Hands on management of the shop, buying stock as well as marketing, would lead to a surge in sales.

Hours
7 days a week 9:00am to 5:00pm
Longer opening hours during December and January

Employees

Full Time 1
Part Time 1
Casual 8

History
The business was founded in 2001. Over time the growth of the business and the need for more space forced the owners to take on a second shop next door to carry a larger range of product. The business is affectionately known by the locals as The Big Shop.

About the Business
The business is a well-known and perfectly positioned with a long held history and loyal customer base. Currently selling a large variety of goods the store is recognised for suppling reasonably priced, on-trend homewares and gift lines along with the traditional variety store lines. These products prove to be a big draw-card for consumers and make up a large proportion of the window displays.

Located in a prime position on the main street and within a short walk from the waterfront, this store has an iconic reputation and is well known not only by locals but 1,000s of visitors who holiday each year on the Central Coast.

In addition to having a thriving business, the new owner will enjoy the many lifestyle benefits which the local community offers with easy access to local landmarks and services.

The business has a strong management team that undertakes all the responsibilities of the day to day operation of the store as well as the purchasing and stock control.

There are a number of reputable suppliers which have strong relationships with the business who will remain committed to the new owners.


For more information on this opportunity, please contact the undersigned:

Fred Pose
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0410 622 293 T: 1800 858 696 E: fred.pose@raywhite.com


For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1636786 to search for the business.


Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.