Retail - Online - Wholesale. - new casual footwear - East. Subs.

6 days ago

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Internal Ref: G1758

Summary

SBX Code: G1758 - Very exciting new casual footwear brand

Rent

$77,220 pa

Net Profit

$185,016 pa

Location Details

Well located in a prime retail area in the most trendy part of the Eastern Suburbs of Sydney.

Potential

Enormous potential to grow this business. - Could expand the product range. - Could offer a lower price point to allow for mass market. - Could grow with a retail outlet in Melbourne. - Could easily grow the online store with more marketing. - Increase wholesale presence.

Hours

7 days - 930 a.m. - 530 p.m.

Lease

3 year lease + 3 year option commenced April 2021. - 2 months rental bond. - 5% annual Increases.

Employees

2 owners

About the Business

Online - Shoe Retail - Wholesale - Eastern Suburbs

SBX Code: G1758
Retail - Wholesale and Online servicing an independent casual footwear brand offering timeless sneakers that wont go out of fashion and wont produce more waste for the environment. - The business is made up of a flagship retail outlet 40%, wholesale 40% and online sales 20%. - Aesthetics, function, and simplification of forms are keywords that describe the product range. - The owners have created a great new brand with excellent design that has shown continual growth since inception.

Features
Very exciting new casual footwear brand. - Premium location with a stunning flagship store. - Loyal customers. - High quality products with a luxury look & feel. - Strong email & social database. - Omnichannel approach (trademark owner + website + distribution owner).

Premises
Shop size is 49 sq mts with two storage areas plus 2 self storage units.


SBX Code: G1758

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