Summary
This is your opportunity to aquire and expand a thriving, well established baby boutique, specialising in quality products that you don't find everywhere. The exclusive supply chains are all in place.
Revenue
$360,000 pa
Rent
$30,000 pa
Expenses
$210,000 pa
Net Profit
$55,000 pa
Location Details
This historical stretch of Brisbane Street has cafés, restaurants, vintage stores, clothing boutiques, luxury massage/spa, homewares and our beautiful baby boutique. There is onsite parking for staff and customers as well as street parking.
Potential
This baby boutique's strategic combination of in-store and online sales, supported by robust operational protocols and community engagement, positions it as a scalable enterprise. Located in South East Queensland's growth corridor with the highest birth rate, welcoming approximately 3,000 new babies annually, the store naturally attracts significant foot traffic. This consistent flow is a crucial asset for sustained success and future growth.
Skills
The current owner is committed to ensuring a smooth handover transition. There will be a thorough hand-over period with ongoing support, ensuring the new owner is equipped to manage and grow the business. This includes introductions to suppliers, connections with community baby business owners and influential figures to support your success. This transition period provides an excellent opportunity for buyer to gain the knowledge needed to take over the business, regardless of prior industry experience.
Hours
Embrace the lifestyle Tuesdays 9am-4pm & Saturdays 9am-1pm. Maximise gains, minimise hours, relish your new way of life.
Lease
The current lease extends for an additional 12 months, with pre-negotiated options available for an extra 3 years.
Employees
The shop is presently managed by the owner paying themselves a total wage of $68,000 per annum, in addtion, supplemented by one casual employee during peak seasons of November and December, Easter Holidays and sick leave if or when required.
Reason for Sale
As the owners other commercial ventures grow, it's time to pass the baton to another committed business owner who can lead this business to greater heights. The foundation is laid for this venture, you now have the opportunity to build upon it, leveraging established financial, operational, and supply chain systems. Remember, aiming for the top of the market will ensure a flourishing business.
About the Business
Boasting robust partnerships with leading children’s brands, sourcing high-quality, fashionable toys and children's apparel both locally and globally, these relationships ensure a diverse and appealing product range that caters to the specific developmental needs of children from birth to 6 years.
With a local customer base demonstrating loyalty and engagement, the store thrives on repeat business, critical in the retail sector. This loyalty is supported by a email database of over 3,000 subscribers, ensuring direct marketing capabilities that drive both online and in-store sales.
The business maintains a strong social media presence, enhancing brand visibility and customer interaction. This digital footprint is a pivotal aspect of its marketing strategy, amplifying reach and engagement across multiple platforms.
Operates with a comprehensive Point-of-Sale system that manages inventory and customer interactions efficiently. The store’s operational setup is designed for ease of management, making it an ideal choice for those seeking a lifestyle business that blends profitability with manageable hours.
Operating hours from Tuesday to Saturday (with short days) support a balanced lifestyle, allowing the owner to enjoy the benefits of entrepreneurship without the burden of extended retail hours.
This acquisition is more than just a transaction; it’s an opportunity to continue a legacy of enriching children’s lives while building a profitable business poised for expansion. For those interested in additional details about operations, financial performance, and the potential advantages of this investment, please reach out to Tony at Orchard Business Advice. You can contact him directly at 0439 55 41 55. We are eager to explore how this exceptional business opportunity can align with your lifestyle and investment goals.
History
The business began as a home-based online venture in 2016. In 2018, it expanded to a home-based store and by 2019, opened a 100 sqm store in the Top of Town area of Ipswich. Surviving Covid, they cultivated trusted, exclusive retail partnerships with suppliers, catering to the needs of parents, grandparents and coworkers seeking the perfect gift for the over 3,000 babies born annually in Ipswich. As the sole provider of high-quality gifts, toys and baby essentials, this business stands as the premier baby boutique in this locale.
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