Premises and thriving gift & clothing boutique in tightly held Yarralumla Auction.

Business Details

So rare - it's like finding a needle in a haystack.

A unique opportunity to own a business and its commercial property in the tightly-held Yarralumla shopping district.

If you've been waiting for a rolled-gold opportunity to secure your own business and premises, then don't look further than White Apple Gifts at 1/29 Bentham Street, Yarralumla.   White Apple Gifts represents a secure lifestyle for the astute buyer and allows the combination of business with the pleasure of travelling around the country and overseas to select quality products.

This boutique gift shop generated approximately $460,000+ in sales in 2017, with the owner working on average 10 hours per week. There is a team of casual staff in place to run this business if you are looking for a passive investment.

This well-known and lucrative store generated $88,000 in EBITDA or profits - while paying a fair market rent of $40,000 (including GST) in rent.

Because of a change in personal circumstance, the owners are providing the chance to secure the business before the busy Christmas period. Two purchase options are outlined below:

Ownership option 1. Secure the business and the commercial premises but not the stock. 12-week settlement.
Ownership option 2. Obtain the business and the building and secure the stock at value. 4-12 week settlement (your choice).

As the business and the building are being sold as one, the sale is considered to be an active asset and as such will be GST free.

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name and contact number and state that you would like to receive further information about this business opportunity. We will then email you the deed of confidentiality, which, once completed, will allow us to email you the BIP and the supporting documents.

Auction onsite - Wednesday the 8th of November.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $466,065.00 $8,962.79 $337,460.00$6,489.62 $318,020.00 $6,115.77
Gross Profit $233,683.00 $4,493.90 $170,868.00$3,285.92 $103,595.00 $1,992.21
PEBITDA $88,298.00 $1,698.04 $30,274.00$582.19 $0.00 $0.00
Rent $38,826.00 $746.65 $38,917.00$748.40 $38,008.00 $730.92
Wages and salary $83,298.00 $1,601.88 $77,702.00$1,494.27 $59,562.00 $1,145.42

Business Summary

Yarralumla, Australian Capital Territory
Retail - Card and gift shops.

The premises is owned by the seller. The seller is open to offers to purchase the premises. Otherwise they are open to new and flexible terms for a new lease as follows.
•    Premises: 1/29 Bentham St, Yarralumla ACT 2600
•    lease commenced on: TBC
•    lease expires on: TBC
•    Term of the lease: 5 years (flexible)
•    Option: 5 years (flexible)
•    Bank guarantee: $4,000 plus GST (includes outgoings of $971.29 for Water Rates, General Rates and Body Corporate fees)
•    Base rent: $48,000 p.a. inc GST
•    Monthly rent: $4,000 inc GST
•    Outgoings: Included in rent
•    Annual increases: CPI
•    Public liability insurance: $20,000,000
•    SQM: 50 SQM

The owner contributes between 5 to 10 hours per week to the business.
Mon-Fri 9:30am to 5:30pm Sat 9:30am to 4pm Sun 10am to 3pm
Under management

Enquire Now

Sales Summary

Sale Status : New Listing

Sale Method : Auction

Investment Amount : $550,000 - $650,000

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au