Retail ladies fashion and e-commerce store. - Recently renovated and expanded this very well known fashion shop is selling a wide range and variety of ladies fashion, scarves, candles, jewellery, sleepwear and other accessories all at reasonable prices. - This is an Iconic retail store that has been operating for over 35 years in the same area and caters for all ages. - Big potential as the e-commerce store is now fully set up and running with a website.- Sales from the website are increasing and not included in the profile and can be discussed further at a meeting with the vendor. - Sales figures shown are ex GST.
Potential
Increase social media and e-commerce opportunity (currently 1550 Facebook followers, 3300 Instagram followers, 900 email subscribers, --------- website visits per month, 680 online customers, 100 repeat online customers) Open other stores. Consolidate into larger fashion retailers operations. An owner operator can save on wages
Features
Great position - Plenty of foot traffic - High profit margins- Strong local clientele - A local icon - Recently renovated - Very well established- Currently Under Management - profitable
Premises
Large retail shop with storage room, office & staff amenities area and a good frontage with a floor space area of 200 sq. mts.
Location
Situated in a busy pedestrian mall close to a popular beach and surrounded by commercial and residential In South Sydney.
Trading Hours
7 days - Mon. - Fri. - 9 a.m. - 5.30 p.m. - Sat. - 9 a.m. - 5 p.m. - Sun.- 9 a.m. - 5 p.m.
Lease
Current 5 year lease expires Aug. 2024 + 5 year option - -.-.-. increases - 6 month bond
Employees
1 full time Manager + 1 part-time Assistant Manager (shown in profit as for owner operators) + 4 casuals
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