Summary
Established Retail store with strong following of 5 years must sell quick as we're moving abroad. Regrettable sale but it's time to move on, offering at a affordable price to a series buyer.
Revenue
$355,872 pa
Rent
$50,000 pa
Expenses
$102,537 pa
Net Profit
$203,335 pa
Location Details
34 Atherton road
Within the bustling Oakleigh Cafe precinct situated on the main road. A tourist destination to many within the national population who want to experience the European atmosphere and local delights
Potential
Thriving boutique established 5 years with loyal repeat customers and strong local reputation. Stocking men's & ladies' fashion, handbags, jewellery, accessories, gifts, homewares and seasonal lines. Prime Oakleigh location, low rent with no outgoings, secure 3+3 lease, modern fit-out, POS system, social media presence, supplier network, walk-in/walk-out sale, ideal owner-operator or family business. Training available
Skills
Training is provided
Hours
As per retail store hours 9-5 daily
Lease
3 x 3 term with view to extend
Employees
Can work alone or ideally 2
Reason for Sale
Family Relocating to Europe
About the Business
Established retail boutique in Melbourne's bustling south-eastern suburbs. Offering men's and ladies' clothing, handbags, jewellery, fashion accessories, gifts, homewares and seasonal products. Strong local reputation with loyal repeat customers, excellent foot traffic, modern fit-out, established supplier relationships, active social media presence, low overheads and excellent growth potential. Ideal owner-operator or family business.
History
Lush gifts has been trading since 2021 and is ready to be taken to the next level
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