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North Lakes Sport Retailer for Sale

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North Lakes Sport Retailer for Sale

Independent Business North Lakes 4509, QLD $219,000
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Outstanding opportunity to acquire this established (13 years) sports retailer located in North Lakes Westfield.
The business sells sports apparel, footwear and accessories across the men’s, women’s, and children’s segments. These sporting product lines are from global, premium brands. including Nike, Adidas, Asics, Brooks, New Balance, Converse, Puma, Champion, Mitchell and Ness, and New Era.
This business is well suited to an enthusiastic owner operator with plenty of opportunity to grow.
North Lakes and more broadly the Moreton Bay Regional area is one of the highest growth corridors in Australia. The Regional Economic Development Strategy 2020-2041 provides a blueprint for Council area, industry, and the business community to collaboratively build a $40billion economy by attracting and generating 100,000 new jobs for the region by 2041.
With the business located in a landmark shopping precinct in the area it is well positioned for sustainable future growth.

* Growing revenue YOY with YTD February 2021surpassing $924k+ in revenue;
* Excellent performing business with great profit;
* Annual rent for F.Y. 2020 was $141,326;
* Well-Established business;
* Diversified product offerings;
* Active marketing to drive brand recognition;
* Highly trained and experienced staff, and
* Part of a successful franchise system.
Price: $219,000 plus SAV

For more details on this outstanding business opportunity, contact Tom Jolly on 0403 720 965 or email tom.jolly@thefinngroup.com.au

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