Summary
Own the iconic Phases Men's Fashion in Surfers Paradise. Established in 1987, this turnkey designer boutique features top brands like Armani and Hugo Boss. Rare prime retail opportunity.
Revenue
$1,187,508 pa
Rent
$129,000 pa
Expenses
$886,284 pa
Net Profit
$301,612 pa
Location Details
34 Orchid Avenue
Premium Surfers Paradise opportunity: Prime location near the beach and tram. Includes 2 car spaces, ample precinct parking, and high tourist exposure.
Potential
The business presents strong growth potential by further expanding the women’s clothing collection and introducing oversized styles for men and women. Opportunities also exist to grow online sales, enhance digital marketing, and leverage the established brand to attract a broader customer base. This well-known retail business provides a solid platform for a new owner to diversify products and increase revenue.
Skills
This business is ideal for an owner-operator, a new entrepreneur entering the fashion industry, or a couple looking to run a business together and generate income. Experience in retail, sales, or merchandising is beneficial but not essential. Key skills include customer service, stock management, communication, and basic business operations. The straightforward systems allow for a smooth transition and hands-on management.
Hours
It operates during standard retail trading hours, generally aligned with surrounding retail businesses in the precinct.
Lease
Secure lease in place in a prime retail location. Lease terms and details are available to qualified buyers.
Employees
A small, experienced retail team handles daily sales, service, and merchandising. Existing staffing provides a seamless transition and total flexibility for a new owner to be as hands-on or hands-off as they prefer.
Reason for Sale
After successfully building and operating the business for nearly 40 years, the owner is now choosing to focus on family. This creates an outstanding opportunity for a new owner to take over a long-established men’s fashion retail business with a loyal customer base, strong local reputation, and proven track record in the Gold Coast market.
About the Business
Phases Mens Fashion is a well-established men’s fashion retail business located on the Gold Coast, offering a stylish selection of contemporary clothing, accessories, and shoes. While primarily focused on men’s fashion, the business also carries a curated women’s collection and oversized clothing, providing opportunities to further expand these categories. Over nearly 40 years of successful operation, the store has built a strong reputation for quality products and personalised customer service, attracting a loyal customer base.
The business operates from a prime retail location with excellent exposure and consistent foot traffic. The store is well-presented with an attractive retail fit-out designed to showcase the fashion range and create a welcoming shopping environment.
Phases Mens Fashion offers a curated range of men’s and women’s clothing, accessories, and shoes suited to a variety of styles and occasions, appealing to both local customers and visitors. Its attention to detail in product selection, combined with personalised service, has contributed to strong repeat business and a trusted local reputation.
The business operates with established systems for stock management, merchandising, and daily operations, ensuring a smooth transition for a new owner. This turnkey opportunity allows a buyer to step in and continue trading immediately, with minimal disruption.
There are also significant growth opportunities. A new owner could expand the women’s and oversized clothing collections, introduce additional accessory and shoe lines, strengthen online sales channels, increase marketing activity, or introduce new fashion lines to attract additional customers.
This opportunity would suit a fashion-focused entrepreneur, an owner-operator seeking an established retail business, or an existing retailer looking to expand into the Gold Coast market with a recognised and respected brand.
History
Phases Men's Fashion has been successfully operating on the Gold Coast for nearly 40 years, establishing itself as a trusted and respected men’s fashion retailer. Over time, the business has developed strong relationships with both customers and suppliers, cultivating a loyal following and a solid reputation for quality clothing, accessories, and service. Its longstanding presence has made it a well-known destination for men’s fashion in the local market.
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