Variety Goods Retail Chain -South Australia
Outstanding Opportunity to Acquire Entire Going Concern
This long-established retailer of variety of goods operates a chain of 18 Retail outlets, supported by a distribution centre, in metropolitan and regional areas in South Australia.
Featuring a broad number of categories, these shops have been a popular shopping destination for lower and middle socio-economic and older age groups.
Using simple merchandising with colourful displays shoppers are drawn to its variety and low cost.
The business model is highly adaptable to changing economic conditions and this has ensured its continued profitability over the recent turbulent years.
The group's turnover is in the order of $13 million each year which generates an annual EBITDA exceeding $1 million.
The business, including all retail outlets and its wholesaling operations, is now for sale for $3.5 million plus Stock (Stock of approx. $2-3 million at any given time.)
For further information, please call Ian Wollermann on
03 9888 6488 or 0408 355 407 or email
ian@wollermann.com.au
