Internal Ref: 588
Summary
A beautifully established women’s fashion and styling boutique in one of inner Melbourne’s best retail strips, trading since 2003 and offered for genuine retirement reasons. Twenty three years has bui
About the Business
A beautifully established women’s fashion and styling boutique in one of inner Melbourne’s best retail strips, trading since 2003 and offered for genuine retirement reasons.
Twenty three years has built something a new owner steps straight into. A database of 4,500 engaged clients, long standing supplier relationships, exclusive labels and a loyal following of professional women and affluent retirees who buy several pieces at a time and keep coming back.
- Turnover consistently circa $1.3 million across the last three years
- Adjusted earnings averaging $372,365 to one working owner
- Occupancy cost under 7 per cent of turnover
- Five days a week, short hours, closed Sunday and Monday
- One trained casual already in place on the floor
- Established online channel with clear room to grow
Structured for an incoming manager
The owner is willing to train a suitable business manager to run day to day operations, allowing the business to move toward an under management model. The existing team member is already trained on the floor, so a purchaser is not starting from an empty roster.
Genuine retirement sale. Extended handover and ongoing consultancy on collection buying available to the right purchaser.
Strict confidentiality applies. Full information memorandum available to qualified buyers on signing a confidentiality agreement.
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