FOR SALE NOW!!! MAY BE PURCHASED SEPERATELY.. MAKE AN OFFER!!***********3 YEAR AVERAGE RETURN* 18% !!! ********* VIBRANT MINING TOWN & ECONOMY!! GLOBAL DOWNTURN ? *NO!!
2008/2009 SALES EXCEEDED PAST 4 YEARS SALES.
RUN BY EXCELENT MANAGEMENT TEAM FOR OVER 27 YEARS.
NO BUNNINGS FOR OVER 300KMS
SAME OWNER FOR 27 YEARS
72% CASH SALES
The business is run by a stable experienced work force of an experienced manager, 3 permanent and 5 casual staff over a 5.5 day trading week. The property includes approx 3325m2 of covered retail space plus 980m2 yard storage and enjoys excellent street parking at the front and back. The 2008/09 sales of $1.83M excl GST. Comprising approximately 72% cash sales and 28% credit sales exceeds the 2005 - 2008, 4 year average sales of $1.81m. This sales increase demonstrates the resilience of this business to return a strong profit in adverse economic conditions. Being the only general harware and furniture store in Cobar the business has a local monopoly of supply of most lines. The business is offered for sale on a walk in walk out basis to conclude a successful 27 year partnership. Directors retiring...............................................................FREEHOLD PROPERTIES*,MOTOR VEHICLES, POINT OF SALE/ ACCOUNTS SYSTEM, SHOP FITTINGS, RACKS, PLANT AND EQUIPMENT. $970,000, PLUS S.A.V.*Herron Todd White Valuation May 27th. 2009. View on Sale Ezy Property Auctions Online www.sale-ezy.com.au. FOR ALL INSPECTIONS AND OFFERS CONTACT BRUCE MACARTHUR DIRECT ON 0400 559 945