PRICE
$220,000 WIWO (negotiable)

OPPORTUNITY
The sale of the business represents a good opportunity for a motivated buyer to acquire, at stock value, a well-established sewing and fabrics retailer in one of the Southern suburbs of Brisbane. Opportunities exist to grow the business through clever marketing and the development of a greater online presence. Ideal for a buyer interested in the sewing/fabrics industry with a desire to live a comfortable and low stress lifestyle and to further develop this business with a lot of untapped potential. The vendors have decided to retire and will consider all reasonable offers.

OPERATIONAL
The business focuses on selling sewing machines, fabrics and related accessories (haberdashery), doing alterations and repairing sewing machines (all brands). The business is the only Elna machines dealer in surrounding suburbs. The business was started in 1987 by a couple who strived to steadily grow this business over the years at a very relaxed pace; this resulted in a very regular and loyal clientele. The business is open six days per week and is a low stress venture.

BUSINESS ASSETS
The available business assets include the stock and all relevant furniture and fittings.

GENERAL DETAILS

Date Established
1987

Employees
2 casuals
The Vendors (a couple)

Trading hours
6 days trading
8.30am 5.00pm Mon to Fri
8.30am 1.00pm Sat

Premises
Type: Leased retail
Area: 80 sqm (approx)

Terms of Lease
Rent: $1,300 pcm (inclusive of outgoings and GST)
Lease: month to month basis
(flexible landlord keen to get a tenant)

For any further information please contact Laurent Corgnet on 0411 655 852 or email lcorgnet@ljhc.com.au