Retail Toy Store Business For Sale Burnie Tasmania

This easily managed excellent household name TOYWORLD toy store was bought by the present owner as a Migration Business to meet the Australian authority's specified requirements. It is now time to retire and enjoy all the life style Tasmania has to offer therefore the business is again available.







The Business is located in Burnie Tasmania on the Main Street downtown and shows excellent turnover approaching $1.0 million excluding GST with a good GP percentage in the high thirties with excellent profits. The turnover has increased substantially in the last year following an expansion of the retail space. It is well set up with excellent business systems in place and well trained highly motivated staff which ensures its smooth operations.







The vibrant town of Burnie is going through a transformation with the new developments of the Beach Front area and nearby upmarket shops and accommodation which will undoubtedly increase passing trade.The Mining Boom on the west coast is also helping to increase turnover.







The shop position and the fact that it is the only dedicated toy store in the north west corner of Tasmania ensures a constant flow of shoppers.







North West Tasmania is a Beautiful Rural environment with easy access to the National Parks and great River and Sea fishing. Life style is the number one consideration with cheap housing and marvellous farming land providing great cheap food and a healthy relaxed atmosphere. High quality schools and a safe town provide an excellent secure enviroment to raise children.







Equipment and Fit out







The shop is sensibly laid out with well maintained fixtures and fittings. There is over 400 sq meters of retail space and 500 sq meters of storage area. It presents well and stocks a large variety of toys, bikes and playground equipment plus nursery items.



There is an off loading bay plus a well equiped office and workshop Owners parking is also provided.







Sales are entered via the computer based cash register system with a comprehensive computer based stock management system controlling the significant warehouse storage space at the rear of the shop. The shop is connected to fibre optic broad band internet. There is an embyonic internet sales system in place with all the initial development done and regular sales taking place on a daily basis. A final push to increse the stock on line and to build sales quantities is all that is required to increse this profitable additional business area.



The shop is also equipped with a new state of the art computer controlled security system.







Competition







The Toyworld license ensures that the area is safe from other independent toy stores and the major competition is the K-Mart in town so differentiation is on service and variety which continues to ensure a good solid business. The major marketing is via catalogues which are sent out to the local and nearby towns we service some 21000 households in the North West of Tasmania.







History







The previous vendor established this business and after some twenty plus years decided to retire. The present owners bought the business on migrating from the UK and have operated it for the last 5 years whilst they established themselves in Australia .The major reason why it was bought was the ease of operation as the Toyworld centralised buying and administration organisation in Melbourne significantly reduces the risk of starting a new career in a different business environment and Burnie and Tasmania provide a wonderful Rural life style.







Hours of Operation







The Business Operates Monday to Friday 9.00 am to 5.30 pm and Saturdays from 10.00 am to 2.00 pm with extended hours in the lead up to Christmas.







Further Information and Building or Lease Ownership







Further information is available from the owner at (61) 03 6432 2089 home or 0439657036 mobile and further details will be made available after signing a confidentially agreement. Turns over figures are available with provisional figures for the 2009-2010 year. If required present owners can be available for a structured hand over. The building is owned by the present operator and can either be bought or a long term lease arranged.







Stock holding varies throughout the year but the best time to buy would be in the first quarter of the calender year and stock which will be sold at cost will be in the order of $280 000.00



$280 000.00"Reduced in Price now below setup cost"

This easily managed excellent household name TOYWORLD toy store was bought by the present owner as a Migration. Business to meet the Australian authority's specified requirements. It is now time to retire and enjoy all the life style Tasmania has to offer therefore the business is again available.