Summary
Are you looking for a fantastic opportunity to own a successful fashion boutique? This could be your dream business! A thriving, well-established boutique in a prime location is now available.
Revenue
$419,646 pa
Net Profit
$120,000 pa
Location Details
80 Gould street
Located in the heart of Bondi Beach, this boutique benefits from high foot traffic, drawing in both locals and tourists.
Neighbouring stores include: Dissh, Nude Lucy, Tuchuzy, Academy Brand, Sir, St. Agni, Mezi, Oroton and more.
Potential
Ensuring a Smooth Transition for Your Success
I want to make sure the transition into owning this business is as seamless as possible for you.
To support you during this process, I will:
Introduction to Suppliers – You’ll get direct introductions to all the suppliers I
currently work with, along with insights into the best styles, quantities, and trends that
have worked well for the business.
Assist with Buying Decisions – I’ll guide you through the buying process, helping you
select the right stock, quantities, and timing
Hours
Monday to Sunday - 7 days a week
We operate 10:30- 17:00 weekdays
9:30- 17:30 weekends
Lease
Potential new lease 3 year lease or 2 + 1yr option
Employees
1 manager and 1 casual
Reason for Sale
The current owner has made the difficult decision to sell the business as
she is looking to simplify her commitments and focus on a better work-life balance. With a
strong desire to spend more quality time with family, she is prioritizing a lifestyle that allows
for more flexibility and less time spent commuting. Currently residing an hour away from the
Bondi location, the daily travel has become increasingly challenging, prompting her to seek
opportunities closer to home.
About the Business
Profitable: Generated a profit exceeding $120K in the last financial year. Additionally, $50K was deducted from the annual turnover for personal wages, indicating that a self-managed approach could yield even higher profits.
Prime Bondi Beach Location: Situated in the heart of Bondi Beach, this boutique enjoys exceptional exposure to high foot traffic from both locals and tourists. Gould Street is a premier retail destination, known for its carefully curated mix of high-end fashion boutiques, lifestyle stores, and renowned Australian brands. Its close proximity to Bondi Beach attracts a style-conscious clientele, making it an ideal location for fashion and retail businesses looking to thrive in a dynamic and affluent market.
The store is surrounded by well-established brands, including Dissh, Nude Lucy, Tuchuzy, Academy Brand, Sir, St. Agni, Mezi etc creating a vibrant shopping precinct that draws in a loyal customer base.
High Foot Traffic from Locals and Tourists: Bondi Beach is one of Australia’s most iconic destinations, attracting millions of visitors each year. With a mix of local residents, domestic traveler's, and international tourists, the area enjoys year-round foot traffic, ensuring a steady stream of potential customers. The location benefits from both repeat local customers and new shoppers daily, maximising sales potential and brand exposure.
Over 13 Years of Success: Established for over a decade, this boutique has a strong brand presence and a loyal customer base.
Fast Fashion Focus: High Street Fashion Focus: This boutique caters to the strong demand for on-trend, high street fashion, offering customers a dynamic and ever-evolving selection of styles. With a fast stock turnover, the store ensures a fresh and diverse range, keeping up with seasonal trends and customer preferences. The carefully curated selection includes sought-after labels that align with contemporary fashion.
Training & Support Provided: The new owner will receive training to ensure a smooth transition, including introductions to current wholesalers and suppliers, plus assistance in purchasing stock for a six-week period.
Lease Terms: The landlord to structure a new lease available until July 2027, offering business stability. The sale of the business can be subject to negotiating a new lease.
Fully Equipped: Sale includes all fittings and fixtures and stock at cost making it a turnkey operation.
History
Established: 2012
Founder: Skye (Founded at age 26)
For close to 14 years Inbetween Tangerine has successfully built a loyal customer base, including local and international repeat clients. With a reputation for offering stylish and affordable fashion, the boutique is a cornerstone of the Bondi Beach retail scene.
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