Summary
Established 50+ year gift & homewares store. Asking $30K + stock approx. $120K. Owner-operator profit potential $60K-$90K p.a. Premium suppliers and wholesale website included.
Revenue
$375,000 pa
Rent
$72,000 pa
Net Profit
$50,000 pa
Potential
Strong opportunity for a hands-on owner-operator. With active management, the business has potential to generate approx. $60K-$90K profit p.a. Established retail store plus Shopify wholesale website for aprons, tea towels and oven mitts. Further upside through online retail, wholesale customers, refreshed ranges and digital marketing.
Skills
General retail management and customer service skills required. Experience in gift/homewares sector preferred but not essential. Basic computer skills for operating Shopify platform and POS system. No special qualifications needed.
Hours
Monday to Saturday, standard retail hours.
Lease
Approximately 3 years remaining on lease. Current rent approximately $6,000 per month.
Reason for Sale
Owner is relocating overseas and is unable to continue operating the business. This is a genuine sale and motivated seller.
About the Business
Rare opportunity to acquire a long-established giftware and homewares business in Mount Waverley with more than 50 years of trading history.
This is a ready-to-operate business with existing stock, supplier relationships, customer base and systems already in place. The store specialises in quality gifts, homewares, tableware, aprons, tea towels, oven mitts and lifestyle products.
The business has relationships with many reputable premium suppliers, including Classhouse, CIRCA, Portmeirion and other high-quality gift and homeware brands.
Asking price is $30,000 plus stock at value, with stock currently approx. $120,000. For a motivated hands-on owner, there is potential to generate approx. $60,000-$90,000 profit per year through active management, refreshed ranges, online sales and wholesale growth.
The sale also includes a Shopify wholesale website for aprons, tea towels, oven mitts and related products, giving the buyer an additional ready-made sales channel.
Ideal for an owner-operator looking for an established retail and wholesale business that can be taken over and operated from day one.
Enquiries: [email protected]
History
The business has been established for more than 50 years and has built a loyal customer base in the Mount Waverley area. Over time it has developed trusted supplier relationships and a strong foundation in gifts, homewares and lifestyle products.
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