Exciting, Quirky Costume Hire Shop, where both fun and creativity are key

29 days ago

Private Seller Fancy That On Beach Road

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Summary

Highest rated costume shop in SA is seeking a new owner to take it to the next level. Low risk, high fun, easy operating hours that can be optimised to work around lifestyle commitments.

Location Details

90d Beach Road, Christies Beach SA 5165
Prime main street location, easy to locate, ample accessible onsite parking. Bus stop directly out front, which leaves the business easily seen by passers-by as there are no parked cars obscuring the frontage. Premises approx 160sqm of awesomeness.

Potential

So many possibilities for this great little business!
Costume hire prices are currently below market average - a price rise across the board is recommended, instantly increasing income
Opportunity to branch into costume sales as well as hire
Fully functional website, poised to start online trading
Customer database and email marketing through Mail Chimp established, but underutilised, providing a big opportunity for growth
Established Facebook (4.1K) and Instagram (550+). Opportunity for Tik Tok and YouTube marketing

Skills

No industry experience needed and smooth transition for a new owner with existing systems in place. This opportunity would be perfect for someone with a sense of fun, some creative flair and imagination! Strong interest in popular culture, film, TV etc and the ability to sew would be a distinct advantage too, but isn’t a necessity. If you have the passion and creativity to help people create fun memories by finding the perfect outfit for their occasion, and want to be your own boss, then this is the role you’ve been waiting for.

Hours

Mon 12pm-6pm
Thurs 10am-6pm
Wed, Fri & Sat 10am-5pm
35 hours p/w - opportunity to reduce during non-seasonal times

Lease

Same location with the same awesome landlord for 25+ years. Currently leased until October. Landlord happy to renew.

Employees

Best run as owner/operator. Currently a husband and wife team, with his sister volunteering a couple of days just for fun. Could be run by one person full time or 2 people part time.

Reason for Sale

After 14 years of working full time in the business, current owner Kate, who has a degenerative health condition, needs to dial back her contact hours to part time, to focus on her health. She looks forward to handing over the reigns to a new, passionate person, ready to take on the fun and excitement of this long-standing business.

About the Business

OVERVIEW:
A unique opportunity to purchase a well-established, multi-award winning, costume hire business offering a fun-filled work environment, outstanding reputation and huge potential to expand. This whimsical shop is well known for customer service, quality products, immense range and an exciting atmosphere.

KEY POINTS:
Sale includes all hireable items such as 1400+ high quality, well-maintained rental costumes, wigs, shoes, boots, masks, props and other costume accessories, plus sale stock at value.
Solid history in the industry, having operated in the same suburb for 30+ years.
Consistent trade all year round for all types of events (birthday parties, conferences, theatrical, Christmas parties, Easter, theme cruises) and major seasonal surge periods of Book Week and Halloween.
Loyal customer base spanning generations - some customers who have hired costumes as children are now coming in with their own children!
Exclusive southern supplier of TAG face paint range to established customer base of local face painters
Back-to-back award winning business, taking out "Best Recreation or Entertainment Provider" at the Onkaparinga Business Awards in 2022 and 2023 (finalist in 2021) as well as the Christies Beach Business and Tourism Association “Specialist Service of the Year” for 2023.
Highest rated costume shop in Adelaide, 4.9 stars on Google from 120+ reviews
Independently owned, so no franchise fees or restriction on what you’d like to sell
Sustainability "hire, not buy" mindset that is reducing the amount of clothing waste being generated by mass-produced garment manufacturing
Sale includes all digital assets, database, website and social media accounts
A once-in-a-lifetime opportunity for someone ready to take the leap into owning their own business, in a low-competition industry, with low risk and low running costs, but maximum fun, huge amount of job satisfaction and work/life balance.

History

In operation since 1992 (32 years).
Average ownership 10+ years, with current set of owners at 14 years.
Navigated Covid-19 period, and has come out the other side, showing growth and proving resilience to external economic factors.

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