Summary
Be your own boss in this beautiful, well established boutique in the heart of the Port Macquarie CBD. Located just outside Port Central, this 5 year old business has a loyal, regular customer base.
Revenue
$310,000 pa
Rent
$49,200 pa
Expenses
$187,000 pa
Net Profit
$73,800 pa
Location Details
6a, 26 Clarence Street
Located in the Garrison Building, just outside the entrance to Port Central Shopping Centre. Multi-level parking station in Port Central ensures ample parking. Strong foot traffic and working hours to suit yourself.
Potential
Buy your own job and be your own boss, in beautiful Port Macquarie. Plenty of potential for growth by extending trading hours and exploring new product ranges. Easy to manage owner operator boutique, currently offering fashion, shoes, handbags, jewellery, homewares, accessories and gourmet goodies. Ongoing 3 x 3 lease, good website, strong foot traffic and a regular loyal customer base. All fittings and fixtures included in the sale plus stock at SAV. Located next to Port Central, its like being in a shopping centre but without centre expenses.
Skills
No special skills required, just offer good old fashioned customer service.
Hours
Current hours 9 - 5 Monday to Friday and 9 - 1 Saturday. Plenty of scope to extend trading hours.
Lease
Ongoing 3 x 3 year lease due for renewal in August 2026.
Employees
This business could easily be run by an owner operator, supported by one or two casual staff.
Reason for Sale
Looking to slow down and enjoy semi-retirement after running a successful florist business for 12 years and this beautiful boutique for the past five years. I love the shop but it's time for a little me time.
About the Business
The business offers ladies fashion, shoes, handbags, jewellery, accessories, homewares and gourmet items. Over the past five years, we have developed a very regular and loyal customer base by stocking items that our customers tell us they want. The location just outside Port Central Shopping Centre and the Glasshouse Theatre is ideal. Lots of foot traffic, but without the additional expenses of having a retail outlet in a shopping centre. You work the hours you want and employ casual staff to work the hours you don't want to work. We tend to cater to the ladies over 40, a big proportion of the female market in a retirement city like Port Macquarie. We currently stock brands including Jump, See Saw, Cafe Latte and Gordon Smith, to name a few. What makes this a good investment is that the business has been established and growing for five years, can be easily run by an owner operator, is right next door to a major shopping centre and theatre complex with lots of foot traffic and an influx of summer visitors from August through to April. With the option of buying our stock at cost, you could literally buy the business one day and start trading in a fully equiped and stocked boutique the next day.
History
I originally started this business when we moved to Port Macquarie nearly six years ago. We have become successful by listening to our customers and stocking what they want.
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