Discount Hut - Great Location, run under management.
Jamison, Macquarie, ACT
Discount Hut Jamison, run under management, consistent profit.
This fabulous small business is operating really well under management, however, with online completely set up and ready to go, a marketing campaign could take this already amazing business to the next level.
Reason for Sale
Whilst the business provides the current owner passive income, another business opportunity will require full focus. Even though she currently works only 2 hours per week in the business, you can never completely take your eyes off the ball as an owner. This presents a great opportunity for the next owner.
About the Business
Discount Hut has gone from strength to strength after a really strategic move from Kaleen to its current location in Jamison. With massive foot traffic in the perfect location, the business has thrived.
Discount Hut is currently operated under management with the owner only required to work 2 hours per week to remain connected to the business. This business provides the perfect passive income for an investor or has the capacity to greatly increase profitability for an owner/operator.
Are you after the perfect lifestyle business that you run under management? Perhaps you want to work only school hours leaving you free for school pick-ups and drop-offs? Maybe you love working and would smash out 7 days a week, all extremely viable options with this remarkably flexible business.
What will it take to be the new owner of Discount Hut? We are seeking offers of over $275,000 plus stock at value (SAV). This represents extraordinary value for a business run under management making fantastic profits. Last financial year shows a normalized profit at $157,000 and already for the first 7 months of this financial year, normalized profit is sitting over $90,000, with a covid lockdown. For more information on this cracking business, call Andrew from Summit today at 0418 676 400.