CODE

FP470

BUSINESS TYPE

Gifts Retail Specialty Unique

AREA

East

BUSINESS ESTABLISHED

Owner 32 yrs

LEASE

 Lease Term-       5+5 negotiable    

Commenced:      When new owner starts 

Security Deposit  negotiable

Increases-             negotiable

RENT

$22,950

TRADING HOURS - WEEK DAYS

Monday-Saturday. 9.30-5.30 (On Sat. till 4.30pm)
Closed on Sunday

TRADING HOURS - WEEK ENDS

Saturday. 9.30- 4.30pm) Closed on Sunday

AVERAGE TURNOVER

2008 $234,000 

Current- July-November 2008  $88,637

NUMBER OF STAFF

Owner + One casual

REASON FOR SELLING

As sole owner, the vendor has been running the gallery for 32 years. She believes it is time follow up other interests and retire.

GENERAL INFORMATION

An Overview of the Company:

The business was opened as a gift gallery in 1977 with one major supplier specialising in a very impressive range of table wear created by a design award winner Australian craftsman.

Made from precious silver like alloy, the beautifully crafted items are functional and

timeless and signed- heirlooms of the future. Being lighter then visually expected, they are ideal for posting or taking overseas, this allows the business to expand its customer base.

Establishing the "Australian made" image the owner had added various other Australian made /crafted ranges giving more and more accent to the "Australian made" but not "Australiana". Through the years a mix of other suppliers compliment and complete the merchandise on offer to satisfy different tastes, budgets and still have a cohesive, pleasing and different effect.

The gift advisory service, “informative marketing,” has established a formidable trust with customers, that stood the test of times.

The caring, informal atmosphere has created an ambiance that induces a happy environment for purchases of gifts.  The free gift wrapping is well appreciated through the years as part of the over all "trade mark".

Being so desirable and different, loyal customers (a great number of them 3rd generation from when the business started) are not just from locals, but inter and intra state. There are also a lot of overseas customers that travel on a regular basis.

The business caters for all occasions, the usual gift occasions of weddings, anniversaries, birthdays etc, and also corporate gifts.

The web site is ready to go, but can be further developed into a more effective selling tool.

ASKING PRICE

$120,000 + Stock

For more information on this business, please contact:
 Peter Adamek  on  0411 604 448

Email:    peter@businesses.net.au
 

First Call Business Brokers
Grosvenor Business Centre
16-18 Grosvenor Street, Sydney 2000

 

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