Retail Ladies Shoes Shop for sale.
Busy Inner West Main Road Prominent Location.
This long established business has been a successful operation since the 1970`s and is an Institution in the area!The brands are mostly European and exclusive to this business.
Easy to operate with only one person needed in the shop daily.
The premises includes rear car access and entrance with loads of stock storage area. The shop is located among retail shops and cafes and on a busy main road providing excellent visibility for the passers by.
This is a specialist shoe selling shop, however a new buyer may wish to introduce new lines that are common in other similar businesses. Such as Jewellery, Hand Bags and other Ladies Accessories. The target market is Women 30 to 65.
Sales in 2019 $430345
Owners return $98736- This figure is based on the owner working five days and employing one
Stock- Approximately $150,000 but flexible. Good quality stock which the owner has indicated that could be cut to a lower figure if needed.
PRICED TO SELL!
After owning the business for the last 10 plus years the owners are retiring and looking for a new buyer with fresh ideas to carry on this wonderful Iconic business. Full training and assistance and years of knowledge are available to the new operator.
The shop name is well known and respected around Sydney with many regular customers.
For more information please contact Peter Golding by submitting the CA below thank you.
- Current Status: Listed for Sale
- Code: PG 323
- Category: Non Food
- Type: Ladies Shoes Retail.
- Location: Inner West Sydney
- Sales: $430,345
- Period: 2019
- Net Profit: $98,736
- Rent: $71,965
- Stock: $150,000
- Price: $99,500
- Long Financials: 2017,2018,2019
- Staff: Owner plus one
- Lease: Landlord happy to negotiate a new lease or an assignment of the current lease with an approved buyer.