Retail Adult Chain with Huge Margins For Sale

Business description

Here is a business operating in the adult retail market that has been established long enough to have the hard work behind it. The current owner has decided to sell this cash cow in view of health considerations. The astute buyer will know the difficulties encountered in growing this type of business to its current size and will appreciate that there is much more to this business than meets the eye. The business is a multi store chain with valid permits and good leases. The owner has passed on most of the daily tasks of running the business to the staff and controls buying expenditure, data entry and cash flow management. An extended handover period will be granted, if required.

PRODUCT/SERVICE
The business sells by retail:
Videos
DVD’s
Marital Aids
Lingerie
Fantasy ware,
Smoking apparel
Novelties
Magazines

Stock is currently approximately $300 000 and is not included in the asking price.

MANAGEMENT/STAFF
The business employs two fulltime, two permanent part time and 35 casual employees. All new staff receive comprehensive training in sales, product knowledge, computer systems and procedures before commencing. Staff quality and service to customers is maintained through an ongoing education and evaluation system administered by head office on a bi-monthly basis.

BUSINESS REPORT
The business employs two fulltime, two permanent part time and 35 casual employees. All new staff receive comprehensive training in sales, product knowledge, computer systems and procedures before commencing. Staff quality and service to customers is maintained through an ongoing education and evaluation system administered by head office on a bi-monthly basis.

Property information

Real Estate:

Lease

Lease terms:

Various

Location:

Various

Other information

Support & training:

To be negotiated

Reasons for selling:

Health considerations

Trading hours:

7 Days a week

Furniture / Fixtures value:

$600,000

Inventory / Stock value:

$300,000

Contact the seller