Penrith NSW 2750
$30,000 - $50,000 + S.A.V. (HAS BEEN DRASTICALLY REDUCED TO SELL)

DESCRIPTION

Phone enquiries - please quote property ID 12016

EVERY BIG KID's DREAM!

This successful and profitable retail hobby shop is located in a PRIME location in main street of Penrith. This business has been trading successfully for nearly 8 years with good turnover and good net profit. Currently trades 7 days a week and is easy to run and operate. Ideally would suit husband and wife team. We currently have one or two casuals to support weekend shifts.

We sell a diverse range of products that cater to a broad range of customers. Radio control cars, planes, boats, helicopters, plastic kits, slot cars, kites, trains, parts, glues, tools, jigsaws, diecast, paints, rockets, motors, fuel and the list goes on. You could easily increase the range, it just depends on you and your budget. Many repeat customers. We also do r/c car repairs and servicing, minor repairs to helicopters and offer a building service for aircraft, boats/yachts.

FURTHER OPPORTUNITY:- The is a Massive opportunity for expansion into SLOT CAR track and race centre with birthday parties as we also have the space above our current premises which is almost TWICE the size of the retail floor space. This is NOT set up, just an idea and an opportunity. It could even be set up as a separate business and split the expenses. Cost for track set up would be around 10K to 20K.

THE LEASE:- The building is leased with 3.5 years left on lease with another 5 year option available. The lease includes both downstairs and upstairs. Upstairs could also be considered to sub-let out.
YOUR PURCHASE:- The advertised price is for all fixtures, fittings, plant and equipment. Stock will be sold at valuation and is usually anywhere between around $150 – 200k worth of stock.

There would be no debt attached to the shop regarding outstanding invoices or tax for the period of my operation.

This is a proven genuine business and your chance to make money and owner is ONLY selling for the desire to change lifestyle. The more effort you put into it the more you will get out of it.

The business also has a website (please click on link below). There is room for expansion and increased sales through the shop website which is also included in the sale price.

Please contact owner today (genuine enquiries only).