Reason inactive this Listing is not provided by Allsales 2019 Winner of the Best Business Sales Marketplace for Business Sales and Business Brokers Team

Login Now...

Retail or Online Business

Retail , Micro Businesses And Asset Sales , Education Coaching And Training, Sales below $1m, Retail

Pyrmont, NSW 10 Views

Asking Price $99,000 for 100 %

0 % Complete (success)
0%
Make an Offer
Share

SALE OR INVESTMENT DETAILS

  • $25,000 Stock at Cost
  • $267,000 Gross Sales per annum
  • $69,000 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Reference ID: 785843

Highlights

  • Retail or Online Business
  • Established customer base
  • Only physical magic shop in Australia
  • A Fun working environment

Executive Summary

An exciting and fun opportunity awaits with the new owner of Australia's largest magic shop. Based in Sydney, this business operates with over 40% of sales either online or via the phone and could be operated as a pure online business, relocated or retain the exiting site. 

Appeals to high profile magicians, through to families, children and overseas visitors. 

About the Business

The most extensive range of quality magic products and accessories to Australia and New Zealand.

This business could benefit from a dedicated owner who can see the potential and explore avenues for growth. As the business already offers school holiday programs, this could be expanded to include term-time after-school group lessons, birthday party attendances and so much more. Alternatively, a new owner could choose to take the business to an online-only offering and focus on this instead.

Located in a shopfront set in one of the most densely populated areas of Sydney. This storer is close to Darling Harbour and Sydney CBD, a short walk from the light rail, bus stops and surrounded by cafes, restaurants and other small businesses. Long-standing relationships with suppliers and there are ample opportunities to expand its product range to include circus/juggling equipment,fun/novelty products, costumes and much more. At present, most sales are through the shop, but the business also takes telephone orders and has an online store which collectively represent over 40% of total sale. As such, the online store represents a big opportunity for future growth through digital marketing.


For more information on this opportunity, please contact the undersigned: 


FOR SALE BY VENDOR


 Or


Allsales Business Consulting & Business Sales 

T: 1800 858 696 E: support@allsales.net.au

Disclaimer: Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director’s benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Followers

Please click on the Complete Profile button to complete the required profile items. After you successfully complete your profile, you will be redirected back to this page and request will be processed automatically.

Please login to continue

Please login to continue

Please login to continue