Kitchen and Homewares
Sold
Business Description
This boutique homewares retailer is conveniently located in 10 minutes from the Adelaide CBD, amongst a favourite shopping centre, incorporating 2 major supermarkets, cinema complex, trendy cafes and specialty food stores. This shopping centre has a longstanding reputation hence attracting an abundance of foot traffic.
Trading since 2013 this retailer offers innovation and knowledge in kitchenwares, gifts & accessories with exceptional presentation and customer service standards. Trading 7 days per week, this business operates entirely under management and employs two casual staff.
A perfect opportunity for an owner operator who loves to engage their customers with a unique product range & an innovative approach to store presentation. This well established business is easy to run and provides good profit margins.
At a Glance
- Trades 7 days per week
- 10 minutes south of the CBD
- Run under management
- Established in 2013
- Boutique kitchen & homeware retailer
Melanie Winter 0408 085 932
Extended Price Information
| Goodwill including Plant & Equipment | $60,000 |
|---|---|
| Stock at valuation (approx) | $90,000 |
| $150,000 |
Financial Summary
| Year | Sales | Return to Owner | Return on Owner's Investment |
|---|---|---|---|
| 2018/2019 | $441,707 | $37,452 | 24.97% |
| 2019/2020 | $447,740 | $48,005 | 32.00% |
| 2020/2021 | $550,938 | $94,146 | 62.76% |