Gorgeous Gift Store in the heart of Braddon. Perfect location, solid profit.

Lonsdale Street,Braddon ACT 2612

$95,000

BusinessSize: n/a
UV: $7,600,000 (2019)

Summary
Wonderful gift store carrying a beautiful range of gifts from every day to quirky, something for everyone. Solid year on year profits and a prime location makes this store a great business opportunity.

Location Details
lonsdale street

Potential
The beauty of a gift store is there are always a million gift ideas out there. The ability to come up with fresh and exciting ideas is just a gift fair or google search away.

Reason for Sale
The business owner has enjoyed success in this lovely small business, however, now is the time to move on to life's next ventures.

About the Business
The Hive is a well established, respected gift shop in the heart of Canberra. Located on the extremely busy and bustling Lonsdale Street Braddon, you would be hard pressed to find a better location with a higher disposable income.

Rental space is extremely hard to come by on Lonsdale Street, especially at a reasonable rate. The Hive however, not only occupies a prime position on street level, they also have another 5 years to run on the lease at an extremely affordable rate. Security of a long lease at a good price in a great location.

As if location alone is not enough to make this a wonderful opportunity, The Hive produces solid profit year on year providing additional security. This is a good business and a nice little earner.
If you're dying to jump into a small business and work for yourself rather than making money for someone else, this is a great opportunity without the massive price tag that goes with many small businesses. Only $95,000 plus stock at value will secure The Hive.

If this opportunity sounds like the kind of business you would like further information on, call Andrew from Summit Business Brokers today on 0418 676 400.

Chase your dreams, take control and live the life you want to live.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Unimproved Value:$7,600,000 (2019)
Stamp Duty:$0

What's Nearby

Ainslie Primary School, AinsliePrimary School
0.6km
Campbell High School, CampbellHigh School
1.5km
Calvary Private HospitalHospital
4.7km
Canberra CentreMajor Shopping Centre
0.7km
Australian National UniversityUniversity
1.6km
Merici CollegeCollege
0.8km
Braddon Newsagency & Post OfficePost Office
0.1km

Braddon Suburb Information

 
 
Average Age
29 years
Population
4,556
Braddon Profile
Braddon Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on Lonsdale Street, Braddon ACT 2612
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This listing has been viewed 124 times. It was first displayed on 01/10/19 and last updated on 01/10/19.