Staff Managed Discount Variety Outlet #427

Description

Business type: discount variety retail

Location: Northern New South Wales

Trading history: nearly 20 years

Operating model: staff-managed

Owner involvement: approximately 16–22 hours per week

Gross profit margin: approximately 55%–61%

Asking price: $249,000 + SAV (approximately $100,000)

Business overview

Established discount variety store located on a central main street in a growing Northern NSW region.

The business has a loyal customer base, established supplier relationships and a staff-managed operating model. The owner oversees banking, purchasing and suppliers remotely without working on the shop floor.

Products and operations

• Consumables, stationery and art supplies
• Cleaning products, batteries and household essentials
• Candles, diffusers and hair and beauty products
• Reported product mark-ups of approximately 111%–122%
• Upfront customer payments with no credit accounts
• Established team, systems and staff-managed social media

Growth opportunities

• Launch an online store and expand sales through eBay or Amazon
• Introduce private-label and imported products
• Expand wholesale supply to local businesses and organisations
• Broaden the existing product range

Sale and transition

Reason for sale: owner consolidating business investments.

Comprehensive training available. No previous industry experience required.

Asking price: $249,000 plus stock at valuation, estimated at $100,000. Genuine offers considered.