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Crystal And New Age Store-Retail And Online In Malvern For Sale

Malvern, Victoria, Australia
Asking Price:
$650,000 (AUD)
Sales Revenue:
$455,000 (AUD)
Cash Flow:
Available on request

This crystal and New Age store has been in operation in Melbourne for 40 plus years, it offers crystals, New Age books, crystal jewellery and crystals for healing, essential oils and incense, semi-precious gemstones, unique gifts, as well as tarot readings.

The business has a retail store as well as an online store with over 10,000 products available for sale online and instore, it offers something to everyone and has a large customer base.

The bricks and mortar store has an excellent main road location in a very busy shopping street with easy access by public transport. The online store is well set up, and easy to browse and navigate.

Store trading hours are 7 Days: Mon-Sat: 10am-4pm; Sunday 11am-4pm.

Current owner works part-time in the business with 3 part-time staff.

This business has an average annual turnover of approximately $455,000. As interest in crystal healing and alternative therapies is increasing, there is huge potential in this business. Now is the right time to take over.

Rent for the large premises is $7,200 per month with a lease of 5 years which commenced in October 2019.

This business is only available for sale because the vendors wish to retire. With such a wide range of products on offer, there is much potential for growth in this business. Call today for an inspection.

If interested, please contact the seller through the form on this page. Information package available to all qualified Buyers upon a Non Disclosure Agreement being executed.

Property Information

Real Estate:

Lease

Lease Terms:

5 years which commenced in October 2019.

Leasehold Rent:

$86,400 (AUD) per annum

Location:

The bricks and mortar store has an excellent main road location in a very busy shopping street with easy access by public transport.

Business Operation

Expansion Potential:

As interest in crystal healing and alternative therapies is increasing, there is huge potential in this business. Now is the right time to take over.

Reasons for selling:

Retire from the Industry

Trading hours:

7 Days: Mon-Sat: 10am-4pm; Sunday 11am-4pm.

Employees:
1PT Owner, 3 PT Staff
Years established:
46