Established and popular Footwear Retail business with great brands in Byron's best retail location opposite the Beach Hotel. Operating as a shoe shop for 20 years this business is well known to locals and tourists alike. The store has an excellent reputation for quality comfort footwear and personalized service. It sells many of the best well known brands and most of the brands in the store are sold exclusively in Byron through this store. It has a loyal repeat customer base.
This is a profitable business with 6.5 years remaining on the lease. It has a shopify e-commerce site which if promoted could add handsomely to the turnover. Nothing to spend on shop fit out. Very good relationship with all suppliers including trading terms.
The business operates on a healthy margin and is easy to manage with minimal staff required. Current owner is happy to provide support and training during the handover period and beyond. The business uses Vend operational software and Xero accounting software. Byron and surrounds is experiencing strong population growth as more people move to this beautiful area. Enjoy all the lifestyle benefits of living in this area and own a proven and respected business that has stood the test of time. Owner is keen to retire so the purchase price represents good value as it only includes a cost for the shop-fit plus stock at value and does not include any charge for Good Will even though the business has been a long standing success.
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