Highly Profitable Boutique Fashion Store

7 days ago

Location:
Sydney - Greater > New South Wales

Investment level:
$1,150,000

Type:
Business

Industry:
Retail > Fashion

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Internal Ref: NSW09939

Summary

This business is located on the mid north coast of NSW. It was established in 2015 as a small boutique store in an arcade space and has now tripled in size to a new shop front location in the heart

About the Business

This business is located on the mid north coast of NSW. It was established in 2015 as a small boutique store in an arcade space and has now tripled in size to a new shop front location in the heart of one of the fastest growing regional towns in the country.

This business is perfect for someone in need of a coastal sea change to a town not drastically affected by Covid.

The business retails a carefully curated mix of men’s and women’s local and international brand apparel, footwear, jewellery, eyewear, headwear, accessories and skateboards. The apparel is from quality, conscious brands and not “fast fashion” brands. Quality is of paramount importance across all product lines. Other features of the business include:
• It’s unique and exclusive brand mix
• Strong tourist foot traffic
• Double digit growth in sales and profit for the past 5 years
• A very strong, organic following (18,000+ Instagram followers)
• Over 7,000 customers on its email marketing database
• Sales forecast to easily exceed $2.1 mill in the current financial year

The business model can definitely be taken to other regional areas Australia wide. There is  also huge room to grow and expand further in the online space by investing into digital marketing and potentially social media/influencer collaborations. The growth potential of this business is unlimited!

All enquiries should be made to the agent listed hereunder.

Listing ID # NSW09939

Broker: Stuart McLachlan
Mobile: 0404687706
Email: stuart.mclachlan@linkbusiness.com.au
To complete an online confidentiality agreement visit this business at: https://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09939

THE PROSPECTIVE BUYER IS REQUIRED TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS PRESENTED AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE WITHIN THIS ADVERTISEMENT, BY THE VENDOR OR BY ANYONE ON THE VENDOR'S BEHALF.
Ref: NSW09939
Timestamp: 20210815030104

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