This outstanding bras and lingerie business has been thriving for 11 years at the same address in Katoomba, NSW. Known for its excellent service, the business boasts an impressive gross margin of 60% from both in-store and online sales.
Key Features:
Long-standing Business: Operating from the same location for 11 years.
High Gross Margin: 60% margin through in-store and online sales.
Operational Ease: Can be run efficiently as a one-person operation with an excellent cloud POS and Accounting system.
Sale Details:
Price: The owner is retiring and is offering the business at a very reasonable price, just stock at cost and minor fixtures and fittings.
Inclusion: Sale includes all related online domain names.
Client Base: The business has a database of over 3,000 registered users, representing significant potential for online expansion.
Operational Hours:
Flexible Hours: Operates 6 days per week, from 10 am to 5 pm Monday to Friday, and 10 am to 4 pm on Saturdays. Closed on Sundays.
Support from Owner:
Transition Assistance: The owner is prepared to assist the new owner in taking over the business, ensuring a smooth transition.
Unique Selling Points:
Exclusive Location: No competition in the beautiful Blue Mountains area between Bathurst and Penrith; it is the only bras and lingerie shop.
Potential for Growth: Enormous potential to expand, particularly in the online space.
Attractive Rental: Extremely attractive monthly rental, reducing overhead costs.
Financials:
Transparency: All accountant's records are available to interested parties, demonstrating the business's financial health.
This is a truly exceptional opportunity for anyone looking to enter the retail market or expand their current operations with a well-established, profitable business. The foundation is set for success with minimal initial investment required beyond the stock at cost. This business promises not only profitability but also a chance to continue a legacy of quality and customer satisfaction in a niche market.
Want to learn more about this business? Fill out the enquiry form today.