Origin Clothing is situated in a premium position within Corowa’s main street, neighboured by the town’s only bakery and a prominent butcher, this iconic retail men's, ladies’, and kids’ clothing store has been trading since the 1950s.
Key Selling Points
•Market leader in premium fashion.
•Currently, owner-operated with four staff members.
•An unbeatable location in the heart of the main street.
•A long-standing and profitable business that is a key pillar of the community.
•Highly lucrative.
•Very consistent sales and profit levels over a long period.
•Large commercial premises freehold.
•Niche market with few competitors.
•The owner will provide a more than adequate handover period and is also happy to help post-settlement to ensure a smooth transition.
•Australian and international brands.
•Real growth avenues.
•Strong social media following.
•Fashion experience is advantageous but not essential
•Experienced loyal staff to assist.
Leasehold Details
•Lease term—5 years
•Lease expiry date—negotiable
•Lease Options—5x5
•Lease area—442 sqm
•Rent—$42, 341. 86 +GST PA / $850.00 +GST PCM
Freehold Details
•Land area—appox. 1200 sqm
•Building area—approx. 488 sqm
•Approximate age—80 years
Business Sale Price $ 400, 000. 00+SAV