Internal Ref: B15076
Summary
An exciting opportunity to acquire a well-established and highly regarded gift, homewares and lifestyle retail business located in a busy shopping precinct near Vermont.
Revenue
$364,000 pa
Rent
$51,000 pa
Lease
2 years commenced in June 2024 ending 31st August 2026, plus 1 further term of 2 years
About the Business
*Expressions of Interest*
An exciting opportunity to acquire a well-established and highly regarded gift, homewares and lifestyle retail business located in a busy shopping precinct near Vermont. Positioned within a thriving cul-de-sac of specialty retailers with excellent local traffic and loyal repeat customers, this business offers the perfect blend of lifestyle and profitability.
Generating consistent weekly takings of approximately $6,000-$7,000, the business enjoys affordable rent of just $4,250 per month and a secure lease with options available (subject to landlord approval).
The business has built a strong brand presence both in-store and online, supported by an engaged social media following and a loyal customer base. It also benefits from carrying a range of premium and sought-after brands, including exclusive gifting, homewares and lifestyle products that continue to attract repeat customers.
Currently operated by the owner only two days per week, with a reliable and experienced team managing the day-to-day operations, this presents an outstanding opportunity for an owner-operator to become more involved, increase margins, expand marketing initiatives and further grow the business.
Whether you're seeking a rewarding lifestyle business, a retail opportunity with strong foundations, or a platform to build upon, this business offers significant upside with much of the hard work already done.
For more information or to arrange a confidential inspection, contact:
Elle Likopoulos
Absolute Business Brokers
0481 608 460
[email protected]
Ref: B15076
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