Giftware & Tobacconist – Townsville
Description
Would you like to own a truly fun business that has been Townsville’s go-to store for 34 years for unique special occasion gifts … that earns a very high net profit? If so, you’re going to love this business opportunity!
Business Overview
Hot Ideas Stockland is super popular novelty gift store and tobacconist that offers a wide range of fun, quirky, novelty gifts for all ages and special occasions such as birthdays, hens/bucks parties and anniversaries as well as licensed NRL giftware and homewares.
The business has been established 34 years, with the sellers having owned the store for the last 18 years. Hot Ideas has high turnover and substantial profits due to its excellent reputation for stocking quality giftwares and homewares and outstanding customer service. The online ecommerce store is also included in the sale – hotideasonline.com.au.
Stockland Townsville
Hot Ideas is perfectly positioned within the shopping centre to take full advantage of the huge level of daily foot traffic. Located in the central suburb of Aitkenvale, Stockland Townsville boasts a diverse offering encompassing Myer, Woolworths, Big W and over 150 specialty stores. The centre also offers over 2,000 car spaces and direct access to public transport.
Employees & Business Hours
The business could easily be run by a manager. One seller works 40 hours per week, the other seller works 20 hours per week, and they employ two casual staff for 8-10 hours per week. Hot Ideas trades 6 days a week as follows:
- Monday to Wednesday: 9.00am – 5.30pm
- Thursday: 9.00am – 9.00pm
- Friday: 9.00am – 5.30pm
- Saturday: 9.00am – 4.00pm
- Option to also trade Sunday: 9.00am – 4.00pm
Why You Should Buy This Business
- Very well established business for 34 years
- The business has only ever had two owners
- An iconic Townsville store
- Very high net profit for owner operator of $267,000+
- Located in Townsville’s busiest shopping centre, Stockland Townsville
- The 100m2 store is perfectly positioned near Woolworths
- Huge levels of foot traffic
- Online store included in the sale – hotideasonline.com.au
- Excellent stock range
- Large repeat customer base
- New lease on offer
- Could easily be run under management
- A truly fun business to own
Business Price
Hot Ideas Stockland is being sold for $110,000 plus stock (estimated at $90,000) (neg).
Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.
Business Broker
Susan Butler – 0419 905 463
susan@beyond2000.com.au
www.beyond2000.com.au
Additional Features
- 100m2 store in perfect position near Woolworths
- 2023 sales were $1.9 million
- Could be run under management
- Excellent stock range
- Fun business to operate
- Huge levels of foot traffic
- Iconic Townsville business
- Large repeat customer base
- Located in Stockland Shopping Centre
- Net profit over $267k
- New lease on offer
- Online store included in sale
- Very well-established store for 34 years