Day-to-day operations under management Adjusted Profits to Owner $238,000 (2023FY)
This beautifully presented business was established by the current owner in 2000. The shop is well located in a popular tourist destination town.
The day-to-day running of the store is handled by two full-time loyal employees who are also responsible for styling the store, customer service and some marketing activities.
The owner manages the finances of the business and management of stock which does not require her to be present at the store.
- 23 year history
- Ideally located with great street presence
- Day to day operated by staff under management
- Great team of experienced and well-trained Shop Stylists
- Current turnover $1,450,000
- Gross margins circa 52%
- Net Margins to owners 16% of revenue
- Systems and procedures in place
- Opportunity for further marketing and promotion
Terms of settlement:
The owner is happy to train and allow for a smooth transition and is negotiable on the term of this handover and training.
This business is an ideal opportunity for someone wanting to operate a business under management where most of the administration and finance tasks may be handled remotely.
Asking Price: $580,000 plus stock at valuation
Property Code: 3776
