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Clothing / Footwear business for sale in Double Bay

  • Clothing / Footwear
  • Double Bay NSW 2028
  • $50,000 (GST na)

G1689 - Business For Sale - Clothing Footwear Ladies Fashion - Retail - Same owner 30 years Eastern Suburbs - Owner retiring

Ladies Fashion - Retail - Eastern Suburbs
SBX Business Code: G1689
Retail ladies fashion outlet featuring casual & well priced labels as well as shoes and accessories. - This well established & well known ladies fashion store has the best location close to cafes and council car park and has had the same owner for over 30 years. - The target market is for women of all ages looking for well priced casual fashion.

Potential
Could create an e-commerce website. - There is an untapped market of social media and online opportunities for the new owner to take advantage of. - Potential to open on Sundays. - An active owner operator working full time could reduce staff and wages.

Features
Same owner for over 30 years. - Well established clientelle. - Excellent location. - Small shop & easy to run. - Well established supplier relationships & some exclusive labels.

Premises
This business has a retail area of approx. 35 sq. mts. plus a stockroom, private parking space and toilet.

Location
Excellent location in a trendy & upmarket shopping & cafe area in the Eastern Suburbs close to large tourist hotel.

Trading Hours
6 days - Mon. - Sat. - 930 a.m. - 500 p.m.

Lease
3 year lease commenced 1st October. 2017 - C.P.I. annual increases. - 3 months bond

Employees
1 owner + 4 casuals

Comments
Can be run as 6 or 7 day business. - Ideal opportunity for a single owner or couple. - Includes fixtures & fittings. -Training for a reasonable transition period will be available. - Not being sold on figures. - A must to inspect.
Figures
Weekly Sales $6000
Rent (ex GST) $958
Wages $1200
Profit $1087

SBX Business Code: G1689

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014624530
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ParkingAsk Business Broker
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Category
Last updated  9 May 2019
Map for Double Bay NSW 2028Double Bay NSW 2028
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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