Online Businesses Business For Sale in Sydney NSW

Summary

High Quality Home and Lifestyle store in beaches local area. It is a unique retail / online business that sells Homewares, Gifts and Clothing plus more, that caters for local and tourist trade.

Revenue

$325,540 pa

Net Profit

$68,000 pa

Location Details

Located in a very busy pedestrian shopping strip, close to the beach, with thousands of visitors each day

Potential

This is a fantastic business that has proven resilient even through Covid lockdowns.

The owner only works in the business 3-4 days a week and thus pays casual workers. If willing to work in the business more days,then income would also increase.

The business has garned a very loyal customer base but since moving to the the main shopping strip, sales have increased and are still risingall the while, tourists visitor numbers grow.

The business has all the “infrastrure” in place that will allow the new owner a seemless hand over.

Skills

Retail experience would be a positive but not essential

Hours

Store is open 7 days. Owner currentl;y only working 3-4 days a week

Lease

3 years left

Employees

Owner plus 4 casual staff

Reason for Sale

Family reasons.

About the Business

Established over 5 years ago, the owner saw an opportunity to open a high quality Home and Lifestyle store in her local area. The area had mostly chain stores, but not any that covered boutique style homewares, gifts, jewelry and fashion, all centralised in one store.



The business was created to have a village atmosphere and cater to the local community. The owner stocks a wide range of products that cater for the overseas tourist trade as well as the local population. Specializing in key areas of Gifts, Homewares, Furniture and Clothing.

The business has a retail outlet plus a strong online store. With an active social media platform and a fantastic, well-maintained website, the business has been able to survive Covid Lockdown periods and also emerge to see record months of trade with it continuing to improve with each quarter. The online sales come from all over Australia and also from overseas customers.

Key Points

● Boutique business when compared to other retail outlets in the area.

● Caters to the local population and also the large number of tourist traffic in the area.

● Sales are on the rise, with the online side of the business increasing month to month.

● Diversity of the product range attracts a wide variety of customers.

● Homewares, unique furniture, on trend fashion accessories and beautiful gifts.

● Very loyal customer base.

● Large database of customers.

● Strong social media activity.



The owner has created a unique business that she believes was not properly catered for in the area. Her passion for home styling shows in the owner’s store bringing together homewares, contemporary fashion and quality gifts flowing right throughout both online and in the retail outlet.

The business offers products in the following areas:



● Homewares - including candles, cushions, tableware, mirrors, lighting, rugs.

● Gifts – for men and women, gifts for babies and children. There’s something for everyone.

● Furniture – unique and coastal style.

● Clothing & Accessories – Australian designer clothing, jewelry, handbags, sunglasses, etc.

● Wallpapers & fabrics.



The business operates both with a retail outlet and an Online presence. The Retail outlet moved to its current position 2 years ago, relocating to a larger space with better exposure and in the busiest part of the local shopping precinct. The online store was ramped up during the initial stages of Covid and has proven very successful and is still the fastest growing section of the business.

History

The business was established in 2017 in a different location and moved to its current location almost 2 years ago. Which has greatly increased revenue