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Shop & Retail business for sale in Launceston

  • Shop & Retail
  • Launceston TAS 7250
  • $90,000 (GST na)

Ladies Fashion Boutique in the heart of Launceston CBD $90,000.00 wiwo

Ladies Fashion Boutique in the heart of Launceston CBD $90,000.00

Building details:
The boutiques premises consists of 2 levels:
The first floor being the shop front itself. The shop is of a generous size with 4 good size change rooms, flowing through to a beautifully framed secret mirror door, concealing the amenities, kitchenette and small storage area.
The second floor is a very large unique warehouse space for an office area, storage and currently a full runway photo studio.
Fibre Optic internet connection

Lease agreement:
Lease is subject to Landlord consent
Lease Agreement
Lease is subject to Landlord consent
Rent $18,000pa Plus GST & inclusive of Outgoings
Inclusive of outgoings (this is very reasonable rent for CBD Launceston particularly given that it is inclusive of outgoings, this is highly unusual and allows for fixed budgeting)

Shop Fit Out Building works:
The shop fit is very new, extremely well thought out, beautifully stylish and very complete with nothing left to do.
Considerable building works have been undertaken, compliant with all the building regulations. The renovation works have been beautifully completed in keeping with the lovely quaint laneway style the store is nestled in. Comprising of air-conditioning & extensive lighting throughout both levels, plus the very stylish shopfit design.
Outstanding benefits available with all of the hard work done, the time & cost of a complete renovation all taken care of presenting a massive saving with an unbelievable advantage not normally available in the beginnings of a business.

About:
The store was open for a couple of years with a strong startup success, and a consistent growing customer following. However due to a 2nd business requiring and taking much of the owners time interstate, made it difficult to commit to the store, along with other family reasons & commitments the owners have decided to exit this business.

Potential:
There is great potential to grow this business, with a more hands on management, a commitment that was very early on, suddenly not available to the current owners, particularly not living locally. Yet still the business had good success. A large amount of this success was achieved from ladies gowns & evening wear. Launceston was and is still lacking in a quality retail outlet for these occasions, especially for young girls and their school leavers outfits. We very quickly gained popularity for these occasions, in addition to the broad range of day wear, shoes and accessories. With the healthy start-up revenue experienced in the business, there is a positive basis to believe in its growth potential.

Sale Includes:
Stock:
Approx over 2500 items of stock valued at over $110,000
Stock includes a mix of ladies evening wear, fashion brand labels, fast fashion labels and huge selection of ladies footwear.

Shop fittings:
Extensive new shop fittings consisting of glass & polished white shelving, stylish brushed chrome fittings.
Large custom built polished white display shelf
Large custom built polished white glass top counter
Hundreds of wooden hangers
Several mobile chrome racks
Large in wall recessed TV - for in-store fashion shows music video etc
Garment Steamer
Desk & Office chair
Bar Code scanner
Label printer
Laser Printer
Receipt Printer
In counter - Cash draw
Security camera alarm system
Over counter rectangle pendant light fitting
Kitchen Bar Fridge
Microwave
Change counter
Sonos sound system
Security camera recorder - with mobile app viewing
Apple Mac Desktop POS

Photo Studio:
Backdrops
Flash Umbrellas
Soft box lights
Infinity backdrop product stand
Full runway for online video
Suppliers:
Upon a settlement of Sale Full disclosure of:
All clothing suppliers
Licensing Authorities
Building Insurance providers
Building maintenance compliance providers

Not included in the Sale:
The Name of the store (Miss J audrey) is representative of a family member and does not remain with the sale. A change of name is required, this is many respects is easier and simpler than transferring ownership/registrations from one entity to another. This includes Facebook as this is attached to a private Facebook.
Eftpos terminal - need to arrange through your choice of providers.

Summary:
In total there is over $118,000 in shop fit out completed within this store, some $39,000 in shop fittings and equipment
In addition, over $110,000 in stock, a total of around $267,000 worth of already established start up costs complete and ready to walk in and start business.

All at a very affordable outlay of only $90,000 inclusive of stock and equipment.
This presents an incredible & rare opportunity, to own an upmarket prestigious retail business at half the normal cost.

More information available upon application.

Phone Penny
0408 580 123

Business Highlights

Business ID2013160884
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Last updated  27 Oct 2016
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