FOR SALE
$80,000

7/16-28 Research Road
Pooraka SA 5095

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 150m2
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Successful Bead Store - 15 Years in Business!

Phone enquiries - please quote property ID 31892.
This is an exciting opportunity to own and run a successful business that has been around for almost 15 years. The business sells glass beads, gemstones, jewellery findings, beading tools, craft wire, and all bead craft supplies. We also provide advice and encouragement to those who need it.
The business, which is a brick-and-mortar store as well as an online store, is located in Pooraka, in a complex with about 25 other residents and a snack bar. The premises are modern and clean, comprising a showroom 68.65m2, a workroom 35.2m2, and a warehouse 46.64m2, with a mezzanine section 44.74m2, a small kitchen area with a sink, and a toilet. Ample parking is provided, and this location has the benefit of lower overheads.
I rent the unit, which can be continued if the new owner so desires, and all books are available upon application. There is always the opportunity for growth in any business, and this one is no exception. For example, not all products have been uploaded to the online store, so there is a great opportunity for new owners to further develop this area.
The process of running the business is smooth - it more or less runs itself - and I am willing to provide any training that the new owners require. I employ a Store manager full-time and have 2 casual employees. 1 for 2 days a week to help out with restocking shelves and general cleaning, and we employ another casual 1 day for our social media content. We are currently trading 6 days a week, with Sunday being our day off. The new owner could include late-night trading on Thursdays, as well as extend the hours over the weekend.
The business has a large customer base, covering most of Australia, and is well established, having stood the test of time despite the global financial crisis and more recently the Covid pandemic. We have an active online presence including Facebook, Instagram, and TikTok, and we do a monthly newsletter and frequently post on all platforms.
This business would suit many people, especially those who want to be their own boss. Skills or qualifications are not required, but a sense of fun and pleasure in crafting is essential.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for 7/16-28 Research Rd, Pooraka

Building Type
Commercial
Floor Size
150m2

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About Pooraka 5095

The size of Pooraka is approximately 5.4 square kilometres. It has 18 parks covering nearly 13.8% of total area. The population of Pooraka in 2011 was 7,059 people. By 2016 the population was 7,242 showing a population growth of 2.6% in the area during that time. The predominant age group in Pooraka is 30-39 years. Households in Pooraka are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pooraka work in a trades occupation. In 2011, 68.5% of the homes in Pooraka were owner-occupied compared with 67.7% in 2016.

Pooraka has 3,681 properties. Over the last 5 years, Houses in Pooraka have seen a 106.13% increase in median value, while Units have seen a 110.21% increase. As at 30 September 2024:

  • The median value for Houses in Pooraka is $725,120 while the median value for Units is $507,288.
  • Houses have a median rent of $550 while Units have a median rent of $325.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Pooraka on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Pooraka.

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