08 8361 3074

West Lakes Cards & Gifts

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Business Description

West Lakes Cards & Gifts is a card and gift shop which is strategically located in a prime location within the West Lakes Shopping Centre, directly opposite Woolworths, and very visible to the heavy foot traffic at Woolworths.

This is essentially a one-stop-shop with cards and a wide range of gifts suitable for any occasion. West Lakes Cards & Gifts is one of the top retail stores in the country for a very well-known card company. Their quality gifts are beautifully merchandised throughout the store and range from homewares to gifts for men, women, and children.

The store operates 7 days a week and has a stable and consistent flow of customers.

West Lakes Cards & Gifts is one of the oldest and most established businesses in the West Lakes Shopping Centre and has been in operation for over 35 years, during which time it has built a relationship with many long-term loyal clientele.

Due to the scale of the ongoing housing development at the former Football Park site, which will be home to around 3,500 people, a large increase of customers to the West Lakes Shopping Centre is expected. This development has been fast-tracked for completion by 2027 and has already brought an additional 600 residents into the area.

If you have always dreamed of owning a successful and established store that has a stable flow of customers, this would be ideal for you.

At a Glance

  • Well established card and gift shop
  • Operating for over 35 years
  • Located in the West Lakes Shopping Centre
  • 8 staff employed
  • Currently run under management

Eunice Tan 0435 383 398


Extended Price Information

Goodwill including Plant & Equipment $200,000
Plant & Equipment $150,000
$350,000

Staff Summary

There are 8 staff employed by the business, 5 fulltime and 3 casual.

Lease Summary

Current Rent $14,977.50 per month incl. GST
Lease Term 5 years
Lease Commencement 1st May 2019
Lease Expiration 30th April 2024
Adjustments 102.5% annually + CPI