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Reputable Well Known Specialty Shoe Shop. First Time On Market In 20 Years. $89,000 (15961)

$89,000

Elsternwick, Victoria

Reputable Well Known Specialty Shoe Shop. First Time On Market In 20 Years. $89,000 (15961)

This well known shoe retailer offers the latest on trend footwear brands including Naot, Ecco, Rieker, Arcopedico, Skechers, Kroten, DeValverde, and holds exclusivity as the only shop on the street able to stock and sell BIRKENSTOCK products.

Strategically situated in the heart of the bustling shopping precinct of Elsternwick, the business is surrounded by key retail outlets and amenities including banks, cafes, restaurants, news agencies, and experiences extremely high rates of foot traffic and passing trade daily.

With an excellent fit out and no further spend required, the shop is ready and waiting for a fresh new owner to come in and take it to the next level.

Key features include:

*Currently closed, was taking an average of $17,000 per week
*Largest independent seller of BIRKENSTOCK in Victoria
*Sophisticated POS system installed
*Recent $2,000 website upgrade
*Busy main road location in a sought after affluent suburb
*130sqm premises
*Reasonable $1,173 per week rent
*3+3+3 lease in place
*Huge potential to push online sales

For more information please contact Nouha Mohtadi from LINK, formerly Klemms on the below:
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au

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Features

Business Snapshot

  • Price: $89,000
  • Net Profit: $5,500
  • Lease Options: 3+3+3 (commence 2020). Landlord will extend.

Business Links / Tools

Last updated: 24th August 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Elsternwick
State
 Victoria
Price
$89,000
Category
  • Clothing/Accessories

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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