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Manchester and Linen Retail Store " Port Lincoln, SA

Listing Id : 297175

Location : South Australia - PORT LINCOLN

Category : Hardware, Fashion

Asking Price : 50,000

Business description

Business ID: BS144827 Turnover $330,000 – Potential to further grow the Online store. Located in a prominent position in the busy Porter Street Plaza, Manchester Fair is an excellent leasehold opportunity with good growth potential. Opened nearly 14 years ago, the business is well-known with an excellent reputation and plenty of traffic. Business highlights -Excellent exposure on busy Porter Street -Annual turnover $330,000 -Surrounded by other businesses, including a Florist/Gift Shop, Fruit and Veg Store, Butcher, Bakers Delight and House and Kitchen -Fantastic clientele -Leasehold premises 170m2 plus upstairs storage -Sells a wide range Manchester and linen including sheets, cushions, quilts, tablecloths, quilt covers and more -Stockist of well-known brands, including Logan and Mason, Linen House, KAS, Onkaparinga, Alastair’s -Good suppliers base & frontline buying group -Extensive list of fixtures and fittings -Website and Social Media Accounts -All Marketing through Facebook, Instagram and also TV, Radio -Staffing comprises Owner/Manager + 1 P/T staff member doing 15 hours pw -Currently trading 5.5 days a week -2 weeks training + handover The current owner, who started the business, says it’s been a pleasure to run as buying nice things makes people happy! She works 30 hours a week, but a new owner may choose to extend the opening hours and/or put a manager in place. It is very flexible. A website/online store has already been established, and there is huge potential to grow that side of the business and give it a fresh new look. This would be a perfect family business for mother/daughter or a couple. The owner is looking to move onto something else and is ready to hand over this successful well-established business to a new owner. Price: $50,000 + GST plus Stock


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