Retail – Womens Fashion – Accessories

For Sale

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Inner West

Business Code: W1763

$35,000
+ Estimated Stock (SAV) $10000
Key Features: 25 years same owner. Long history. Well known female fashion business. Great retail location. Consistent history of profit. Regular clientele. High margins
State: NSW
Suburb: Strathfield
Location: Situated in busy shopping plaza opposite 2 large supermarkets in Inner West Sydney.
Premises: This business has an area of 35 sq.mts.
Price not disclosed

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Retiring after 26 yrs. in same business

Sale Reason

26 yrs

Established

Shopping plaza car park

Parking

1 owner + 1 part timer

Employees

7 days - Mon. - Sat. - 9:00 a.m.- 5:30 p.m.- Sun. - 9:00 a.m.-1:00 p.m.

Trading Hours

New 3 year lease + 3 year option is available - Rent increases 5% per year - 3 months bond.

Lease

Retail clothing – Dressy and casual women’s fashion and accessories including shoes, handbags, scarfs, antique coffee cups and plates. Approx. 60% of stock imported from Korea online, 40% bought from local wholesalers.

Features

25 years same owner. Long history. Well known female fashion business. Great retail location. Consistent history of profit. Regular clientele. High margins

Potential

Add men's fashion clothes, belts, hats - Do further marketing online - shop through SEO, google, words and Instagram.- the business suits an owner operator or friend.

Comments

Best location which could be converted to a remedial massage, nail shop, accessory store, stationary store, hair salon etc - subject to shopping centre approval.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$6000
Cost of Goods
$2000
Gross Profit
$4000
Rent
$903
Wages
$200
Electricity
$20
Total Expenses
$1222
Estimated Stock
(Additional)
$10000
Net Profit
$2778
Price
$35,000
+ Estimated Stock (SAV) $10000
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