ICONIC BAYSIDE FASHION STORE FOR SALE 15 YRS EST’D

Listing Number: 32457-843026

Description

Rent $47,821 pa | $919.65 pw | Rates $2,367 pa

OWNERS EARNINGS / NET PROFIT: $ confidential

Summary
Iconic bayside Fashion store- 15 years established. This longstanding business and its systems come with hand in hand training and ongoing support from its very well respected founder.

Location Details
Located next to Anchor tenants Coles and local library, plus only metres to Train station, a picturesque village setting is a perfect location for this longstanding successful business 9in this Affluent suburb. Surrounded by local coffee shops and moments to the beach, allows for a constant stream of passers-by, regular shoppers, locals and travellers alike.

About the Business| Owners contribution
Owner currently works 20 hours per week. Other staff are longstanding, friendly and fully trained.

This business has survived on its simple formula of quality over quantity which makes for an easy handover with its well documented systems and procedures. Showcasing the best in Australian and imported fashion.

Coupled with a 15-year sales history, a strong local following and an owner who for distance and family reasons has decided to retire and ease themselves away, gradually. The owner has offered to stay initially to train, then to work on, on a casual basis to ease the transition, and is passionate to see this business continue to grow.



Lease
April 2022

Rent
$47,821

Hours
Mon -Friday 9.30 – 5.30pm
Sat 9.30 – 5pm
Sun – 11-3pm (currently, Summer and pre- Xmas only)

Skills
Fashion experience or awareness, Staff management, Customer service, Stock buying, Basic business admin. All included in training.

Training
3 weeks plus ongoing to be determined upon sale if required

Staff
3 x casuals

Potential
Currently run with a 1% Marketing budget- allows for further expansion through SEO, letter drop and local advertising. Addition of Website and online sales utilising and expanding upon the strong history, Brand, Facebook and Instagram presence.

Owner operator could work full time to further reduce wages.

Reason for Sale
Retirement

History
15-year trading history.

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.


Listing Details

  • Price: $230,000
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location:

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Retiring
  • Category: Retail Miscellaneous
ICONIC BAYSIDE FASHION STORE FOR SALE 15 YRS EST’D
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