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Shop & Retail business for sale in Wollongong

  • Shop & Retail
  • 6 Globe Lane Wollongong NSW 2500
  • $190,000 + Stock

Profitable, Popular & Easy CBD Retailer Business for Sale, Wollongong

Are you looking for a simple, profitable and fun to run business?

Established in 2020, this well-known retailer is located in Wollongong CBD's trendiest retail precinct, surrounded by popular nightclubs & hatted eateries. The business captures a consistent flow of customers from a variety of demographics, selling an array of high margin items & preloved clothing.

Requiring only 1 staff member each day to operate, this business is cost efficient and simple to manage. The stock the business carries is relatively trend resistant and does not depreciate at the same rate as other retail models.

Key Features:
- 65% GP Margins
- Owners Declared Earnings $138K+
- 350sqm Premise
- $50K Base Rent P.A
- 4.8 Star Google Ratings

As the current operator is looking to retire, a new operator will benefit from a well-established name and highly consistent, attractive performance.

Contact the region's leading business brokers to request a comprehensive Business Prospectus.

MMJ Business Sales & Acquisitions provides businesses for sale in Sydney, Wollongong, Shellharbour, Kiama, The Shoalhaven, NSW South Coast and The Southern Highlands.

Business Highlights

Business ID2019029932
Floor AreaAsk Business Broker
Category
Last updated  14 Jan 2025
Map for 6 Globe Lane Wollongong NSW 2500
Map for 6 Globe Lane Wollongong NSW 25006 Globe Lane Wollongong NSW 2500
Inspections
Documents

Business Highlights

Business ID2019029932
Floor AreaAsk Business Broker
Category
Last updated  14 Jan 2025

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