Orange NSW 2800
$160,000.00

DESCRIPTION

Phone enquiries - please quote property ID 20911.

Established for over 30 years in a popular Regional NSW Town. Well known and supported by a great network of locals and visitors alike, with a website generating up to 300 orders per month during busy periods.

About the Business
Successful destination retailer offering quality, non-branded toys and educational resources to a diverse customer base. The business is situated in the cool climate town of Orange NSW.

* Very large retail store with plenty of storage
* Online Presence for the educational component.
* Well established website with shopping cart (updated to a WooCommerce Platform in 2018).

The business is 30+ years old (current owners, managing it for the past 15 years).
Australian owned, the business has been significantly modified from the original model. The toy shop was added in 2008, with the educational section undergoing changes to reflect those within the NSW Education system. The business currently comprises of 2 business areas.

1. Educational Resources
An extensive range of Curriculum based resources suitable for NSW Primary Schools, including Workbooks, Teacher Books, Classroom Essentials (borders, charts, certificates), as well as hands on product such as games, dice and other manipulative's. The website has a full range of resources and can be purchased through a shopping cart. All orders are processed and dispatched in-house.

2. Quality Children’s Toys.
Stocking high quality toys from premium suppliers. Our range includes quality wooden toys, plastic toys such as playmobil, Sylvanian families and HAPE. We also have an excellent range of puzzles, games, children’s books, scooters and more. Associated to this part of the business is our range of Special Needs (Inclusive Classroom) resources.

3. Tutoring Centre (K-12).
This part of our business is experiencing rapid growth, particularly over the past 2 years. On average we tutor up to 80 students per term. We employ approx 9 tutors working casually during the school term. We do not tutor during the school holidays, however there are opportunists to provide bootcamp style activities etc. Trina, also tutors a small number of children during the afternoons. We currently have 2 rooms dedicated to tutoring, as well as an office that is also used as required. There are opportunities to expand tutoring space.

We have strong relationship with Australian suppliers, with a small number from the USA, Canada and New Zealand. There are further opportunities to increase the Special Needs products from both the USA and the UK.

Currently run by a husband and wife team, along with 2 x causal and 1 x permanent part time staff. During the busy period (Nov – Feb), additional casuals may be required for invoicing and customer service / unpacking stock etc.

Customers cover a broad spectrum of areas. Our retail customers are:
• Parents and children – locally and regionally
• Grandparents and other family members
• School Teachers

The premises are currently leased. The business has been in the same location for over 30 years and has a good relationship with the landlord and the rental agency. Advertised price is for the business and includes all fixtures, fittings, point of sale equipment, 5 computer systems with good software program/bar-coding, website, social media, domain names etc.

Stock will be sold at valuation (SAV)– usually around $100-$140,000 - Depending on the time of year.

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