Summary
Australian family business trading 10 + years ago on the Gold Coast. Now a thriving homewares & souvenir destination with loyal customers & a recognised brand. Price includes $300,000 worth stock.
Revenue
$780,000 pa
Net Profit
$330,000 pa
Location Details
Located in a prime tourist spot of the Gold Coast, estimated to attract more than 4 million tourists/visitors each year, including domestic and international visitors.
Potential
Grow Australia-wide sales through digital marketing, SEO, social media and online advertising. Proven success in a high-profile tourist location creates opportunities for expansion into other shopping centres and tourist destinations. Further develop the homewares, giftware, souvenir and successful bracelet ranges. Established customer base, strong local presence and limited direct competition provide an excellent platform for continued growth.This is an exciting opportunity for a new owner to take the business to the next level.
Skills
Retail Management | Sales & Customer Service | E-commerce | Stock & Inventory Management | Visual Merchandising | Marketing | Business Operations | Supplier Management
Hours
To maximise the strong daytime and evening foot traffic, the business operates 7 days a week from 9:00 am to 9:00 pm.
Lease
Lease contract renews in September 2027.
Employees
The business has an established and flexible staffing structure, making it an ideal opportunity for an owner-operator, couple, or investor looking for a business that does not require full-time owner involvement.
Reason for Sale
After many successful years, the owners are ready for a new chapter & feel they have reached the point where they would like to hand the business over to someone who can bring fresh energy and continue its growth.
About the Business
This established retail business offers a carefully curated range of affordable, on-trend homewares, gifts, accessories and lifestyle products, appealing to both locals and the millions of domestic and international visitors to the Gold Coast each year.
The diverse product range includes coastal-style home décor and souvenirs, candles and reed diffusers, jewellery and accessories, and unique giftware. Many products are sourced exclusively or developed in collaboration with trusted suppliers, providing distinctive items not commonly found in larger retail chains.
The business operates from a prime retail location within a prime Gold Coast location, supported by an established e-commerce store, allowing customers to shop both in-store and online.
A strong reputation has been built through quality products, affordable pricing and friendly, personalised customer service. This has contributed to a loyal customer base, repeat business and strong word-of-mouth referrals.
The business benefits from long-established supplier relationships in Indonesia with a proven buying processes and a diverse product range. There is significant potential for a new owner to expand the online store, develop additional locations or chain stores Australia-wide, and introduce further exclusive product collections.
History
Proudly Australian-owned family business established over 10 years ago, growing from just three suitcases of carefully selected stock into a well-established retail business with a loyal customer base and strong reputation.
The business has been built around unique, affordable products, quality, style and exceptional customer service. Strong supplier relationships and hands-on product selection have helped create a distinctive and successful retail offering.
This is an exciting opportunity to acquire an established business.
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