Iconic Women's Shoe Store for Sale - Mornington Peninsula
"40 years of loyal customers, no local competition, and $900K in annual revenue - all yours at $149,000."
THE OPPORTUNITY
This is as close to a retail monopoly as you will find. The only dedicated women's shoe store in the area, trading for over 40 years from a prime Main Street position in one of Victoria's most thriving coastal communities. With annual revenue approaching $900,000, seven-day trading, and zero direct local competition, this is a genuinely rare acquisition at a compelling entry price of just $149,000.
The vendor is transitioning into semi-retirement after decades of building a beloved local institution - a genuine, motivated sale with full vendor support for a smooth handover.
WHY THIS BUSINESS STANDS OUT
- The sole women's footwear retailer in the local market no direct competition and a captive, loyal customer base built over four decades
- Annual revenue of approximately $800,000$900,000 a proven, resilient performer in a highdemand niche
- Prime Main Street position in a thriving coastal township drawing strong local residents, tourists and weekend visitors yearround
- 20 years under current ownership with consistent trading demonstrating exceptional business stability and community trust
- Simple, straightforward owneroperator model easy to manage, easy to transition, ideal for a firsttime buyer or experienced retailer alike
- Sevenday trading with structured hours capturing the full week of foot traffic and tourist spend
- Established supplier relationships ensuring reliable, quality stock supply from day one
- Secure lease with approximately 7 years remaining including options strong tenure for an incoming owner
- Full fitout, shelving, display units, POS system and all assets included walk in and start trading immediately
- Vendor committed to supporting a smooth and cooperative handover
GROWTH OPPORTUNITIES
- Develop an online sales channel to reach customers well beyond the local market
- Introduce loyalty programs and social media marketing to drive repeat visits and new customer acquisition
- Expand product range to include complementary accessories and grow average basket size
- Leverage the Peninsula's growing population and tourism economy for increased foot traffic
- Extend seasonal promotions to capture additional revenue during peak tourism periods
ASKING PRICE: $149,000
Detailed financial information available to qualified buyers following a signed confidentiality agreement. All enquiries handled in strict confidence - contact the exclusive agent today.
EXCLUSIVE SELLING AGENT
DISCLAIMER:
Mercury Business Sales and Valuation and/or their agents, for themselves and for the vendor of this business for whom they act give notice that (i) All information given in relation to this business, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment Mercury Business Sales and Valuation has any authority to make or give any representation or warranty.
PLEASE NOTE: Any images relating to this business are indicative only
