About the Business

Business ID: BS157723

ICONIC LOCAL BUSINESS – TURNOVER $360K – MULTIPLE INCOME STREAMS

OWNER RETIRING – THIS BUSINESS IS PRICED TO SELL

Stitches Batemans Bay is a well-supported local business that has been operated by the owner since 1995. The business retails school uniforms, menswear, dancewear, Ferrari formal suit hire and clothing alteration services to Batemans Bay and surrounding areas.

Situated on the NSW South Coast, this coastal location offers a fantastic lifestyle in a welcoming community. Live your dream and be your own boss. There is potential to add more income streams or extend the current offerings. With virtually NO infant/child specific clothing shops in Batemans Bay, there is a demand that this business could potentially meet.

You might also extend the dancewear range and men’s range – and introduce branded goods, such as Akubra or RM Williams. Fully functioning retail website for school uniforms. The new owner could easily drive the online presence of this business, adding menswear and dancewear to the catalogue.

BUSINESS HIGHLIGHTS:

- School Uniforms, Menswear, Dancewear, Ferrari Formal Suit Hire and Clothing Alterations

- Customers of all ages, including young families for school uniforms and dancewear, men and women for menswear, tourists, and clothing alterations for workers and retirees

- Prime position in the CBD precinct, between 2 busy shopping centres

- Premises (165.17sqm) include the retail shop area, kitchenette, toilet, large storage area and one parking space

- Additional on-street parking and shopping centre carparks

- Highly visible shop and signage attracting plenty of passing trade

- Extensive assets including office equipment, storage and display units, mannequins, Blind hemming machine, Janome Overlocker, Janome Sewing machine, Janome Twin Needle Hemming Machine, and much more

- Weekend hours could be extended over the summer and back to school seasons

PRICE: $60,000 + SAV ($120-170K DEPENDING ON SEASON)