Sold
Located in the northern suburbs, this business is known for holding the finest display of awards, medallions and trophies as well as their extra services of making name badges, labels and even updating honour boards. Having been established since 1997, the business has links to every school, sports club, and community group north of Adelaide. The opportunities for growth in this business are almost endless because the market is enormous. The award options range from simple novelty awards to serious trophies for high achievers.
The business is equipped with a range of computerised engraving machines, label and badge making machines which makes it almost impossible to make a mistake. Therefore, all the work to create and personalise awards is done in-house, so any job can be done at short notice if required.
Operated by one vendor and a part time assistant, the business closes for 4 weeks between Christmas and Australia Day. The business is busy all year round but has three seasonal peaks, one at the end of the school year and the other two at the end of the winter and summer sporting seasons.
This is a fabulous small retail business which trades 9.00 am to 5.00 pm, Monday to Fridays. This is a business that is perfect for a working couple that are looking for a new career path.
Simon Winter 0419 828 689
Goodwill | $85,000 |
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Plant & Equipment | $5,000 |
Stock at valuation (approx) | $20,000 |
$110,000 |
Current Rent | $1,555.09 per month + GST |
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Lease Term | 5 Years |
Lease Commencement | 1st October 2017 |
Lease Expiration | 30th September 2022 |
Right of Renewal | 1 x 5 years |
Outgoings | Paid by tenant |
Adjustments | CPI + 1% annually |