Food/Hospitality for sale
Retail - Fashion - Ladies Wear - Evening Wear - North West Syd.
Retail - Fashion - Ladies Wear - Evening Wear - North West Syd. - Agent SBX Code Number: GJ1344
Retail evening and cocktail wear, jewellery, shoes and accessories, bridesmaids, gift vouchers and alterations service. - Sophisticated, high end brand names including Sheri Hill, Dollywood , MacDuggal, Jovani, Portia and Scarlett etc. - The sale also includes the online business and the alterations business. - Online sales account for 10% of current business and growing - Sydney shops $60K per week and Melbourne shop $20-30K/week. -June, July, August, September are the formal season when revenues double. - Competent senior staff member in each shop could easily take over as manager if required.
Could open in Queensland and Western Australia. - Further expand online sales.
Instagram 200,000 followers - Facebook 90,000 followers - Very active on social media - Free shipping for orders greater than $300K - Online ordering system.
Beautifully presented retail outlets, nothing to spend, with fitting rooms, POS systems, storage
3 retail outlets - (1) Melbourne (2) Major shopping centre Lower North side Sydney ( 1) Major shopping centre Hills district Sydney.
7 days - 9 a.m. - 6 p.m. (similar in most locations)
2.5 year lease Sydney (1) with opportunity for new 5 year lease.
1 full time and 1 part time owner + 8 full timers + 4 casuals in 3 locations
Sydney store (1) 70 sq. mts. + huge storage space - Sydney store (2) 75 sq. mts. + storage space, - Melbourne store 300sq mt. includes warehouse - first time offered this substantial business trades from 3 retail outlets.- Vendor plans to eventually move into wholesaling and will offer exclusivity on their brand to the buyer.- Exclusive brand is Portia and Scarlett. - No competitor of similar size. - Business has established its own alterations service which is revenue generating.
Weekly Sales $103917
Rent (ex GST) $6614
Agent SBX Code Number: GJ1344 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Retailer
- Business Lease: $26,000.00
- Attached Dwelling: YES
- Copy Of Title: 1
- Expenses: $10000
- Earnings Before Interest Tax: $1100000
- Business Selling Price: $300000
- Business Property Price: $300000
- Property Selling Price: 300000
- Trading Hours: 9am-5pm mon-fri.
- Franchise Agreement Fees: NO