Gift and Souvenir Store - Mall Location

Waitakere City

$150,000

Proposed Usage
Retail
Description:
Property ID
1vzwb9v

PRICE SLASHED!

Prime Auckland mall location - Current high cash surplus of $201,620 per annum:

First time on the market in 11 years.

The store is strategically located in the famous Westfield mall. The location is very prominent and attracts a high volume of foot traffic throughout the day. You cannot miss it if you are in the mall.

This is a very well established business and has been run by the same vendor since 2007, and at a different location in the same mall since 2004. The store is exquisitely presented and very well stocked and draws the immediate attention of the customers passing by. The store has a loyal customer base and repeat clientele.

The store is doing whopping current sales of $12,000 per week on an average with high profit margins. It has convenient working hours and could easily be managed by a single working owner with the help of a part-time staff member. The business has a high chattels value which gives it further stability. It mainly sells exclusive and boutique gift items, imitation jewelry, souvenirs, home decor items, fancy candles, quality essence and fragrances etc and other items of high demand for a number of years.

Complete training in procurement, pricing, sales and window dressing will be provided by the existing vendor before takeover and 15 working days vendor assistance after takeover to the level of "perfection".

In brief this is "a rare gem" that certainly calls for an elaborate discussion.


Asking Price $150,000 + stock (approx $80,000)



***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.

Enquire about this business