Mid North Coast - Established Laurieton Giftware & Clothing Business

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Summary

Mid North Coast - Established Laurieton Giftware & Clothing Business

About the Business

An opportunity to acquire Lotus Bay, a well-known Laurieton retail business with an established local following, broad giftware & clothing range & substantial stock holding included in the sale.

Lotus Bay has traded for approximately 16 years & has been under the current owner's direction for the past 11 years. During that time the business has evolved from its original Balinese wares & clothing focus into a diverse gift & fashion store, with unique & regularly changing stock designed to appeal across a wide range of ages, tastes & budgets.

The business is offered for $165,000 Walk in Walk Out (WIWO), including stock on hand at settlement, shop fit-out, shelving & racks, fridge, cash register & computer. The detailed June 2026 stocktake recorded approximately $116,769 of stock at cost so you are basically buying the stock & getting the business for next to nothing. Stock levels will vary through normal trading prior to settlement.

The range includes giftware, clothing, balloons & the vendor's own handmade soy wax melts, diffuser products & fragrance oils. The owner also advises the business has established supplier relationships, selected locally limited ranges & direct Balinese sourcing contacts. Lotus Bay Balloons has added a further revenue stream, including balloon orders associated with the neighbouring florist.

Lotus Bay has an established website, more than 2,500 combined Facebook & Instagram followers & a customer base of regular locals & returning visitors. Its position at the busy end of Bold Street provides good pedestrian exposure within the Laurieton town centre.

The premises are leased at $1,941.49 per month with GST not applicable. The existing lease expires 16 September 2026, with a further 12-month term agreed & being prepared. There is no formal option & any purchaser lease arrangement remains subject to landlord approval & final documentation. The vendor will provide at least two weeks of handover during the settlement period.

Key features

* $165,000 WIWO - stock, fit-out & key equipment included.
* Approximately 16 years established, including 11 years under current ownership.
* June 2026 stocktake: approx. $116,769 cost
* Giftware, clothing, balloons, handmade melts, diffuser products & fragrance oils.
* Established supplier relationships & direct Balinese sourcing contacts.
* More than 2,500 combined Facebook & Instagram followers plus website.
* Bold Street location with regular local & visitor trade.
* At least two weeks vendor handover; further financial information available to qualified purchasers.

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