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Fashion Business For Sale in Brighton Melbourne VIC

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Iconic Bayside Fashion Store For Sale 15 Yrs Estd

Location:Brighton, Melbourne, Victoria

Category:Fashion, Retail, Fashion

Asking Price:$230,000

230000

  • Sales revenue : $454,623
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Iconic Bayside Fashion Store For Sale 15 Yrs Estd

Business description

Revenue | $454,623 pa

Location Details

Located next to Anchor tenants Coles and local library, plus only metres to Train station, a picturesque village setting is a perfect location for this longstanding successful business in this Affluent suburb. Surrounded by local coffee shops and moments to the beach, allows for a constant stream of passers-by, regular shoppers, locals and travellers alike.



About the Business| Owners contribution

Owner currently works 20 hours per week. Other staff are longstanding, friendly and fully trained.



This business has survived on its simple formula of quality over quantity which makes for an easy handover with its well documented systems and procedures. Showcasing the best in Australian and imported fashion.



Coupled with a 15-year sales history, a strong local following and an owner who for distance and family reasons has decided to retire and ease themselves away, gradually. The owner has offered to stay initially to train, then to work on, on a casual basis to ease the transition, and is passionate to see this business continue to grow.



Rent | $47,821



Hours

Mon -Friday 9.30 – 5.30pm

Sat 9.30 – 5pm

Sun – 11-3pm (currently, Summer and pre- Xmas only)



Skills

Fashion experience or awareness, Staff management, Customer service, Stock buying, Basic business admin. All included in training.



Training

3 weeks plus ongoing to be determined upon sale if required



Staff | 3 x casuals



Potential

Currently run with a 1% Marketing budget- allows for further expansion through SEO, letter drop and local advertising. Addition of Website and online sales utilising and expanding upon the strong history, Brand, Facebook and Instagram presence.



Owner operator could work full time to further reduce wages.



Reason for Sale | Retirement



History | 15-year trading history.



Keen vendor, genuine buyers are encouraged to Contact Sean McBride on [Phone Number Censored] for a full Information Memorandum.

Other Information

    Transworld Business Advisors - South Yarra
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