Internal Ref: B14625
Summary
Located in the heart of Torquay's bustling shopping strip, this well-established ladies fashion and accessories business presents an incredible opportunity for savvy entrepreneurs.
Revenue
$590,000 pa
Rent
$47,292 pa
Location Details
Situated strategically to attract both the local population and the influx of tourists, this business boasts a prime location.
Hours
1 PT Owner, 3 Casual staff
Lease
3x3x3 Commenced 1/10/2023
Employees
1 PT Owner, 3 Casual staff
Reason for Sale
Moving interstate
About the Business
Located in the heart of Torquay's bustling shopping strip, this well-established ladies fashion and accessories business presents an incredible opportunity for savvy entrepreneurs. Situated strategically to attract both the local population and the influx of tourists, this business boasts a prime location.
With a loyal following among holidaymakers and locals alike, this business has curated a solid reputation, drawing customers back season after season. The beautifully presented store coupled with an exceptional online presence ensures a seamless shopping experience both in-store and online.
Featuring a diverse inventory ranging from dresses, scarves, sunglasses to belts, bags, and shoes, this business has something for every fashion-forward individual. Supplier relationships are well-established, guaranteeing smooth operations for the new owner.
This business offers flexibility, with semi-under management allowing for part-time involvement from the current owner and a team of 3 dedicated casual staff. Operating 7 days a week, with manageable trading hours, it provides an ideal balance for a working owner.
Generating an impressive average annual turnover of approximately $590,000, this business is poised for further growth. Opportunities abound for expansion through enhanced online marketing initiatives, fashion events, and promotional activities.
Details:
• Prime Location in Torquay's Main Shopping Strip
• Wide Range of Fashion Items & Accessories
• Beautifully Presented Store & Excellent Website
• Flexible Trading Hours
• Average Annual Turnover of $590,000
• Rent: $3,941 pcm including GST
• Lease: 3x3x3 commenced in October 2023
• Growth Potential Through Increased Marketing & Events
Don't miss out on this rare chance to own a thriving retail business in one of Torquay's most sought-after locations. For more information and to arrange an inspection, Elle Likopoulos on 03 9566 7300 or at elle@absolutebb.com.au
Ref: B14625
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