Retail Business & Versatile Shop Opportunity - Glen Waverley
Expressions of Interest
An opportunity to acquire an established baby, children's and lifestyle retail business combining a well-presented physical store with an existing online presence.
Located within The Glen Shopping Centre in Glen Waverley, this owner-operated boutique offers a carefully curated range of baby essentials, children's clothing, toys, gifts and lifestyle products, with a strong focus on Australian family and women-owned brands.
The business has developed a distinctive identity through its quality product selection, established supplier relationships and commitment to supporting independent Australian brands. A loyal repeat customer base and established social media following provide a valuable foundation for continued growth.
Generating approximately $200,000 in annual sales, the business benefits from a dedicated e-commerce website, an inviting retail environment and an existing customer base across both retail and online channels.
Occupying approximately 186.7m² of retail space, the current rent is approximately $12,000 per month, with the arrangement understood to be competitive for a location within The Glen. The current lease runs until October 2028, with potential for further renewal beyond this date, subject to landlord approval.
There is considerable scope for an incoming owner to further develop the business through targeted digital marketing, expanding online sales, introducing additional product ranges and capitalising on the existing social media following.
This opportunity would suit a hands-on owner-operator with an interest in children's retail or e-commerce, or an existing retailer looking to expand their presence.
In addition to the sale of the existing business, the vendor is open to alternative arrangements, including a lease takeover with or without fixtures and stock. The landlord has also indicated a willingness to consider other suitable retail businesses for the premises, subject to approval. This provides flexibility for purchasers looking to establish their own retail concept in a highly sought-after shopping centre location.
With an established brand, loyal customers and both physical and online sales channels already in place, the business offers a solid foundation for its next owner.
