Business Summary

On offer are two strategically-positioned stores in a busy shopping centre - generating exceptional returns and offering truly remarkable possibilities!
* ?$620K Annual Revenue (3-Yr Avrg)
* $12K Weekly Revenue (3-Yr Avrg)
* $150K Annual Adj Net Profit - SDE (3-Yr Avrg)
* 10+ year history
* 3 staff
* 7-day operation
* Prime locations
* 5-year lease (3 year left)
* $18K PM + GST Rental

For over a decade this business has been offering repair services to mobile phones, tablets and computers, as well as retailing accessories, to an upmarket and diversified clients in one of Sydney's busiest and trendiest shopping centres.

Both shops are in prime positions within this centre anchored by major retailers and benefitting from tremendous traffic. The centre boasts 13.7 million annual customer visits and features 240+ retailers, with only one other competitor in the whole centre.

The business has built a fully functional E-commerce website that can customise accessories and be able to supply Australia-wide.

The industry itself is expected to experience excellent growth, with strong revenue projections, as our economy eases out of the Pandemic making this opportunity even more attractive!

Financially speaking, this business is a gold mine as it requires minimal staff to operate, has very moderate overheads and enjoys generous margins. Over the last three years, the business has averaged $620K in Annual Sales, which have translated into $150K SDE in returns.

Contact us today for more details!

Listing ID: NSW10454

Broker: Yulin Tu
Phone: +61 477 327 133
Email: [email protected]

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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.  Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Cell Mobile, Apple Android Phone Telephone Repair
Ref: NSW10454
Timestamp: 20220930020021

Property Details