Retail and Online Boutique Business For Sale

7 days ago

Location:
Balwyn 3103 > Melbourne - Greater > Victoria

Investment level:
$30,000

Type:
Business

Industry:
Retail > Fashion

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Internal Ref: B13428

Summary

Online business with a store in Balwyn, great location on a busy shopping strip with high exposure, cheap entry level retail business, ideal for first time buyer! Call DAMON - 0402 225 989

Revenue

$92,000 pa

Rent

$46,350 pa

Potential

The business has grown from being an online only store and has operated with a physical shop for the past year. The business has grown since the shop was introduced and the business is continuing to grow. A new owner can continue building on the physical and online sales while implementing their own ideas to continue growing the business along the way. The hard part of setting up and developing an online presence and setting up and establishing a retail store has already been done!

Hours

Current owner only opens 4 days however there's no limitations for a new owner who wants to operate further days/hours.

Lease

Current 3x3 retail lease in place

Reason for Sale

Change in personal circumstances.

About the Business

Located in trendy Balwyn, this tidy retail and online boutique business for sale offers buyers the opportunity to take over a small, easy to run retail operation that the current owner created a little over 2 years ago.

The business started out as online only and the owner moved into a small retail shop to continue growing the business. The business has continued to grow, however due to the owner’s changed circumstances, the business is now for sale.

* Currently generating around $95,000 turnover PA
* Modern and comprehensive website and online store in place
* Shop size approx 70 sq/m
* Rent $46,350 plus GST (approx)
* 3x3 Retail lease in place
* Stock is negotiable - $30,000 max
* Currently only trading 4 days per week (Wed - Sat)
* Facilities include kitchenette, bathroom, and 1 parking space behind business for owner/staff
* Currently trading in Bohemian/Boho style clothing, jewellery, accessories and giftware.

This is an excellent retail business opportunity for someone looking to take over an established business and work towards growing it and making the most out of it!

For more information on this business, please contact Petros on 0416 000 154

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