| Average age: | 31 years |
| Houses: | 0.0% |
| Townhouses: | 0.0% |
| Flats & units: | 89.4% |
| Other: | 10.6% |
| Population: | 722 |
Looking to play a new hand?
Located in the vibrant Tuggeranong Hyperdome, this profitable card and gifts store will leave you seeing diamonds and acing the competition.
Run under management, the current owner invests only two and a half hours per week to earn a respectable full-time wage. The only thing the owner has to do is complete wages and payments. There are six staff members on the books who do the rest.
The business has a well established reputation and has been trading successfully for more than fifteen years. 700 regular customers patronise the store. Plus, the lease has five years to run which means you’ll have the freedom to build and plan the future.
Advertising is undertaken by the Hyperdome. Currently the business also advertises in The Chronicle and is promoted by one of their major suppliers. There’s plenty of potential to expand on the marketing front by developing an online presence with a website and via social media sites.
The current owner is prepared to offer vendor finance.
Financials:
P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au
Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au
Capital Commercial Canberra Pty Ltd
Licensed Agent
View all sales listings for this agency
Initial Requirements (assuming sale price of $50,000)
| Stamp duty | $1,000 |
| Legal fees1 | $1,500 |
| Loan application fees2 | $655 |
| Minimum deposit (10%)2 | $5,000 |
| Total initial payment: $8,155 |
Monthly Repayments (assuming deposit of $5,000 and sale price of $50,000)2
Loan repayments on $45,000 borrowed at 6.95% over 30 years.
| (Principal and Interest) Loan Repayment: $298 per month |
Notes
This listing was first displayed on 14/6/11, last updated on 19/3/12, and has been viewed 2061 times. Please note the counter is not updated immediately.
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