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Long established Clothes Alterations Shopping Centre North For Sale

Northern Suburbs, Victoria, Australia
Asking Price:
$160,000 (AUD)
Turnover:
$338,000 (AUD)
Net Profit:
$100K - $250K (AUD)

- Successfully operated by the current owner for over 13 years, with a strong reputation, loyal customer base and quality, well-maintained equipment.

- The only alterations shop within the shopping centre, benefiting from consistent customer demand, repeat business and referrals from neighbouring retailers.

- Highly profitable business with low cost of goods, reasonable rent and manageable operating expenses.

- Resilient to the growth of online shopping, as clothing alterations and repairs require hands-on services that cannot be replaced by online retailers.

- Training and handover available to ensure a smooth transition, although previous tailoring or alterations experience is preferred.

- Rare opportunity to acquire a long-established and reputable business with a proven trading history.

- Motivated vendor selling due to retirement.

Weekly Average Takings: $6,500

Asking Price: $160,000

Property Information

Real Estate:

Lease