Xcllusive Business Sales Phone : 02 9817 **** Xcllusive Business Sales
02 98 ****

Long Established Store for High End Ladies Shoes - Business for Sale - Sydney

Listing Id : 262751

Location : New South Wales - SYDNEY

Category : Fashion

Asking Price : 179,000

Business description

Business ID: BS141176 Sales $450K pa with benefits to the owner appox $140K pa - Sale Price $179K plus SAV This is an established and respected name as a retailer of exclusive high-end European fashion shoes for women. Having been established in the 70’s by the previous owner, the business name has a long history in this exclusive and prominent shopping district, located in an inner suburb of Sydney. The current owners purchased the business about 8 years ago and have operated the business successfully ever since. BUSINESS HIGHLIGHTS -Sales Circa $450K pa etc GST -High Gross profits circa 50% -Profit in excess of $140K pa -Easy to operate business -Very reasonable rent circa $1,350pw inc outgoings -Well presented shop in busy part of shopping district -Very little competition in the area and protection by exclusive supplier arrangements -Destination store for busy professional women The owner would be happy to assist with a normal training period and ensure a smooth transition to the new owner/s.The business has an opportunity to increase its online presence. At present there is some Facebook promotion however no website or Instagram etc. There may also be an opportunity to start an online shop to retail some of their brands. The business to date has relied on its outstanding reputation and repeat clients returning year after year. There are further initiatives to improve the business if a new operator wanted to achieve higher sales. We believe this opportunity may suit a couple wanting to work for themselves in the retail fashion industry or may even suit someone from a Retail Management background wanting to run their own business. Asking $179,000 plus SAV

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