Surf & Sport Wear Retailer (Gippsland Victoria) SCE0583
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For over 35 years this clothing business has been the first choice for generation after generation of customers seeking leading brand name surf and sportswear.
Over many successful years of trading the business has built strong relationships with all the limited outlet brands such as Nike, Asics, Adidas, Oakley, Arnette, Rip Curl and Quicksilver just to name a few.
Being limited outlet brands, the business continues to operate without the threat of incoming competitors acquiring such brands in the local area.
The business is situated in the prime retail district of town and is surrounded by complimentary shops, popular cafes, restaurants and ample parking.
Other key details include:
- Immaculately presented shop fit out with 400m2 floor space, 100m2 offices (including 2 toilets, ample storage space with mezzanine and 3 rear carparks)
- Comparative sales analysis shows very steady trading figures with adjusted PEBITA of over $140,000 p.a.
- Generous total occupancy cost under 5% Gross business profit
- Further 5 years on lease
- Vendor available for 2 week training handover period
- Genuine reason for selling due to retirement
A comprehensive Business Profile is available post signing a Confidentiality Deed. For further information regarding this fantastic opportunity, please contact Cameron Prosser on 03 8823 5400 or 0438 569 747.