Are you looking for a funky local seaside gift shop that everyone loves? On offer with a recent price-drop is Ocean Groves Gift Shop, a friendly and welcoming retailer that has traded through...
About the Business
Are you looking for a funky local seaside gift shop that everyone loves? On offer with a recent price-drop is Ocean Grove’s Gift Shop, a friendly and welcoming retailer that has traded through COVID-19 to the supportive local market.
The business focuses on providing a unique and wonderful gifting experience with a range homewares, clothing, and baby items displayed creatively throughout the store. Shop local is a big thing on the coast and items for sale are quality made, handpicked and curated for the market.
There is a range of gifts to choose from with affordable pricing ensuring there is something from everyone. The friendly staff are available to assist shoppers in finding their perfect gift, from pampering products to quirky fun pieces there is a gift just waiting to be discovered. For those wanting to spoil themselves, there is a large array of accessories, clothing, bags, notebooks and so much more. Gifts for every occasion whether it be Mother’s Day, Father’s Day, Christmas, Birthdays or just because. This little gem has it all.
The key features of this business are:
• Established since 1999 with regular clientele
• Easy gift buying with experienced staff and the best gifts to choose from
• Free gift-wrapping service to reward shoppers
• Affordable items so there is a gift for everyone
• Items for all ages, from babies to your Nan
• Excellent rent, only $700 per month
• Established supplier relationship
• A turnkey magical gift shop just waiting for the next perfect proprietor
Why has this business been successful?
The gift shop is well known by the local community and frequented for their unique and special gifts. Tourists also visit and purchase goods as they pass through the town. There is a large local customer base with excellent rapport built over time. The local community votes every time they make a purchase, and the verdict is, the business is here to stay.
Tourist season, long weekends and public holidays are busy times for the gift shop boosting sales dramatically. School holidays always generate a lot of business. The owner is generally able to take time off whenever needed throughout the year although avoids the month of December as this is a very busy period leading up to Christmas.
Advertising and marketing have been minimal consisting largely of Facebook and Instagram. Word of mouth has generated an increasing flow of traffic along with the location of the gift shop being in a prime shopping hub. They have advertised in the local paper on occasion meaning marketing costs are minimal and opportunities for promotions and VIP offers will boost sales and immediate returns.
If you are looking for an excellent turnkey business that is a local favourite with warming views that leave you feeling grateful; this business is offering a comfortable return to live a peaceful surf-coast lifestyle.
Or, if you are looking for a challenge and have what it takes to grow this magical gift shop into something even bigger, then enquire now.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Price Drop: $49,000 + SAV
Finn Business Sales Geelong and South West Victoria (03) 5259 9970