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Matthew Holland
1800 858 696

Online & Retail Fashion Store Sydney - t/o 30k p/w & $200k+ profit

Summary

Located within an exclusive enclave of Sydney, this luxury designer online and retail store proves to offer a unique opportunity to continue to grow a profitable business. Owner works 10 hours p/w!

Revenue:

$30,000 pw

Rent:

$1,300 pw

Net Profit:

$5,000 pw

Location Details

Located within the exclusive Eastern Suburbs Sydney, this business is within walking distance of 5 Star Hotel's, Fine Dinning Restaraunts and high-net worth residential enclaves.

Potential

This business proves to offer the new owner enormous potential to expand the current business both online - through digital and social media marketing as well grow the retail business into additional stores.

Skills

No Skills required as the business is under management. Retail knowledge is beneficial but not essential as the current owner is offering traning to the new owner.

Hours

Current Owner working 10 Hours a week.

Lease

Current Lease expires in May 2017 (New lease can be negotiated)
Current Rent: $1,354 Per Week

Employees

Retail Store: 1 Full Time Store Manager + 3 Part Time Sales Staff
Online Store: 2 Part Time Staff who manage online sales, website and social media

Reason for Sale

Owner spent 6 Years building the business thus looking for a change and to focus on Family.

About the Business

This business is a high-end fashion boutique within the Easter Suburbs, Sydney, that was established in 2010.

While the business began in the owner’s home, it quickly grew and moved into a pop-up shop in the Eastern Suburbs before its success necessitated a permanent shop-front, which is the business’s current location, across from an international 5-Star Hotel.

The boutique specialises in stocking internationally-renowned Australian Designers with independent stockist.

The business prides itself on its first-rate customer focus in-store, with a cohesive team of staff that work hard to provide a warm, welcoming and thoroughly attentive service, without any sales pressure.

In addition, the business has a successful online store with a comprehensive collection of clothing, shoes, bags and accessories which is proving to be profitable and growing.

In short, this is a well-established business that has shown excellent year-on-year growth, in a prime upmarket location.

Jonathon Holland | Ray White Business Sales Sydney | T 1800 858 696 jonathon.holland@raywhite.com | Level 17, 135 King Street, Sydney NSW 2000

Disclaimer: Due to the confidential nature of the sale, images used are stock images are not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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