- Boutique Style Women’s Fashion Clothing, Giftware, Homewares and Fashion Accessories
- Gold Coast, Sth East Qld
- $565,000 + SAV
- Net Profit$450,800
- Stock At Value$250,000
- IndustryClothing & Accessories, Retail
Unique concept retail group with large social media following underpinned by exclusive brands, that look good with clever merchandising bespoke feel, and cater to a vast and wide customer demographic. Their model has got everything right which has resulted in a business that is growing strongly, is impressive in appearance and has a balance sheet and profit statement to match.
The sky is your own limit for the growth of this business with this group continually being approached by other state-wide shopping centres to open additional stores within their locations. These centres approach in hope to include this groups unique branding and business model along with its strong following into their own locations which could give them an edge to create their own point of difference within their traditional national retailing offerings which all shopping centres equally hold. This business holds an enormous point of difference to traditional fashion retailers!
Some retail experience would be an advantage however this business model has systems that can transfer, and a training and transition period with the owner will be on offer. If fashions your passion than this will suit you.
Shopping centre hours for the retail outlets, however the owner works a mixture of part and full days externally from the stores usually across Mondays to Fridays.
Current leases in each of the locations structured to afford maximum protection to the owner.
14 and up to 20 at peak times.
Reason For Sale:
Owner is transitioning into retirement.
More About The Business:
Established in 2016 the business has been growing strongly with an excellent gross profit margin and modern different approach that allows the sales assistants to focus on their customers. A central warehouse receives and dispatches merchandise to the outlets ensuring a seamless logistical method in maintained.
The owner has come from a strong retail background and has secured quality, sort after labels at a great price point which appeal to vast demographic mix, attracting customer age groups from 20 years up to mature women. On top of the clothing component, they stock a full selection of fashion accessories, plus a beautiful range of homeware and giftware items across their outlets.
The suppliers are very loyal & supportive to their business, and continually assist in every way possible to ensure the group only receive the best of products choices available, therefore ensuring maximum sales and profitability will result.
Annual sales after all clearance sales still maintains a healthy gross margin profit above 50%.
This margin together with low rent to turnover and a good ratio of sales to wages has seen the business grow and make a healthy net profit.
Established in 2016.Contact Us For More Information