Sold

Price Reduction: Paint and Wallpaper Retail Shop ST1266

SOLD

 

Established over 28 years, this lifestyle Paint and Wallpapers shop sells Australia's largest range of paints, wallpapers, wood finishes, and accessories for homes, commercial and marine buildings.

 

 Asking price is only $80,000 including all the equipment and stock approx. valued $100,000.

 

Great customer service along with tried-and-true products has created a loyal customer base of both retail and trade customers. This is supported by a well-set-up showroom displaying many of the products and making the flow of a sale easy and efficient.

 

The Paint shop is located in a thriving residential precinct of Port Melbourne with good access for customers, tradies, and deliveries.

 

Business Highlights:

-       Sales: Yearly sales reaching $500,000 with huge potential to increase further

-       Profit: Good profit margins for the working owner

-       Database: Loyal and repeat private, business and government customers

-       Rent: Cheap rent for the area of $692 + GST per week

-       Shop Space: Retail shop area of approx. 118m2 with an office

-       Lease: Secured lease for 3 years with further terms

-       Set up: Fantastic setup with equipment in good condition

-       Parking:  Ample parking is available at the front of the shop

-        Would suit an owner-operator. Perfect opportunity for a first-time business owner.

 

Business would benefit enormously by creating a website and additional marketing via various channels, running master classes for the locals and promoting on social media accounts.

 

The current owner is continuously involved in major events at Docklands Studios, the biggest stage in the Southern Hemisphere.

 

Located centrally in Port Melbourne.

 

Contact Serge Tsundra to secure the opportunity today.

 

Details

Suburb Port Melbourne
Property Type Business
Category Retail, Home/Garden

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