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An opportunity exists for an astute buyer to purchase a well structured and professionally run Street and Skate Specialist Retail outlet. The Vendors are immensely proud of this business, and so they should be. Established in 2000 this business has grown considerably since early days. As a result of the expansion the business now occupies a prime, high exposure, 126 square metre premises in one of the Major Shopping Centres in the South Eastern Suburbs.
Retailing street / skate clothing and footwear, skateboards, scooters, and accessories. There is no shortage of products to fall in love with.
The business is recognized as the Scooter Headquarters for the area from Dandenong to Lilydale. Recent trends and current sales growth indicate that a new owner will be able to capitalize on the expanding market for freestyle and extreme scooters and accessories. The approved use in the lease is very broad, allowing for a new operator to expand into other freestyle and extreme sports such as in-line skates and snowboarding, just to name a few.
Annual Turnover for the past 12 months in excess of 1.2million, with a return to an owner operator in excess of $210,000. Thus a Total Return on Investment of 40%.
Financial Records and Analysis are excellent and can be provided along with a Comprehensive Business Profile post signing a Confidentiality Agreement.
Register your Interest - This business is worth the look.
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