Established toy store is ready for more success!

Price: Price: $50,000 + Stock

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Proudly listed by Keiran James

Business Overview

Established for over 20 years, this toy retail business is well-known and has a consistent customer base. It has successfully navigated challenges such as competition from major chains and natural disasters, emerging as a resilient and adaptable business. The business offers a wide range of toys and sports products. Its offerings include items for babies, girls, boys, and young families, including dolls, games, puzzles, RC vehicles, arts and crafts, and outdoor sports equipment. It also provides specialised items and has access to popular brands. With its extensive inventory and excellent customer service, it has secured a niche in the market. Located in a shopping centre, the business benefits from its prime location near a tourist-attracted area. It draws customers from Canberra, Sydney and Jarvis Bay, providing a steady stream of potential and returning customers. Operating from a 200 sqm shop within a modern shopping centre, the business offers a welcoming and accessible space for families and tourists. The business is directed by two owners, supported by a dedicated team that ensures smooth operations and exceptional customer service. As a buying group member, the business has access to a vast range of products, maintaining a competitive edge in the market. Overall, the business represents a unique opportunity to own a piece of the vibrant local economy in one of the world’s most beautiful locations. *** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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