CODE

RB800                    

BUSINESS TYPE

 Video Store

AREA

 Cairns area

LEASE REMAINING

RENT (excluding G.S.T)

AVERAGE TURNOVER

$500,000 p.a. approx

NUMBER OF STAFF

 Vendor + 1 perm + 5 casuals

REASON FOR SELLING

Desire to relocate to Brisbane for family reasons

GENERAL INFORMATION

Excellent consistent profit due to the previous and current ownership stability

Well exposed store - located on the Bruce Highway - Can't miss it!

Neighbouring McDonalds and IGA supermarket + other stores

Limited competition in the area

Store was recently refitted to a high standard with new carpets, signs, repaint, new
countertops, and 3 internet kiosks. No need to spend to upgrade - just move in and start operating!

Possible to reduce space and save on rent, or find other opportunities to incorporate

Potential to increase retail and / or add to the internet zone

Average population growth of 3.3% per annum. A major unit construction with 504 apartments is
about to commence just 100 metres from the store. With a high percentage of additional renters
to the area - this will add significant new memberships.

Idyllic Cairns lifestyle offering world heritage rain forests, The Great Barrier Reef and beaches, and the Atherton Tablelands on your door step

Suited to a part or full time owner operator, or run as a family concern

Full training by the owner, was is a video store enthusiast, will be provided if required

Store financials up to 31st December 2007 available to qualifying potential buyers

ASKING PRICE

 $325,000