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Boutique Clothing Store in Lake Macquarie

$150,000

Belmont, New South Wales

Boutique Clothing Store in Lake Macquarie

- Price $150,000 + SAV
- Revenue $545,000 +
- Revenue Per Week $10,400 +
- Adjusted Annual Profits $88,600 +
- Weekly Profits $1,700 +
- Rent Monthly $3,186.63
- Staff x 3 Casual

Situated in a Lake Macquarie shopping centre, this Women's Fashion Boutique has been serving the community for over TWENTY (20) years. This well-established Boutique boasts a fantastic reputation and a very loyal client base, with numerous testimonials from very happy repeat customers.

Clothing and accessories are aimed largely at the mature woman, 45+, however the shop attracts customers of all ages. A layby service is offered, which is popular and brings repeat sales.

A one-of-a-kind store filled with unique, carefully curated items that are sure to catch a customer's eye. They carry a variety of products including, but not limited to:

• Clothing - smart, dressy, elegant, boho, casual, jeans;
• Footwear - casual, comfort, heels;
• Leather goods - handbags, coin pouches, totes and lunch coolers, and belts;
• Jewellery;
• Giftware;
• Cosmetics bags;
• Homewares,
• Art décor,
• Candles;
• Hand creams and body washes;
• Calendars;
• Key rings;
• Plus, more!

The store is in a great position with consistent foot traffic, and also has a strong online and social media presence.

Accompanying the Business Include the Following Staff:

X 2 Casual - 2 days per week (8 hours each day);
X 1 Casual Floater.

The owner works four (4) days per week (8.30am - 6pm), seeing to stock purchasing, invoicing, accounts, merchandising, rosters, and advertising.

Key Features:

• Located in a main shopping centre, with consistent foot traffic;
• Lake Macquarie is a popular tourist destination;
• Styles and accessories to suit all sizes;
• Products sourced from designer/boutique businesses from all over the world, including Australia, New Zealand, Canada, and Italy;
• Layby service offered;
• Established over twenty (20) years ago;
• Positioned for continued success and future growth;
• This business could be run under management due to profit margins;
• Low rental costs.

This business would be appealing to either an individual/couple, a family looking to work with a great income producing asset, or it can be run under management due to profits.

For more information, please contact Dani Rifai on 0411 870 977, or email dani@bagents.com, or click on the link provided for more information (Licence Number 10064471).

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Last updated: 24th August 2023

Summary

Property Type
Business
Contract Type
For Sale
Location
 Belmont
State
 New South Wales
Price
$150,000
Category
  • Clothing/Accessories

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Agency

Business Brokers Network

Business Brokers Network

Contact

Dani Rifai