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Highly Profitable Boutique Fashion Retailer

Business for Sale
South Yarra VIC

HIGH END CONSIGNMENT STORE. ESTABLISHED BOUTIQUE WOMENS FASHION RETAILER IN A PRIME RETAIL LOCATION SNAPSHOT - Asking Price: $100,000 - Turnover for FY17: $241,000 (excl GST) - Gross Profit Margin of

Price $100,000

Highly Profitable Boutique Fashion Retailer

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
HIGH END CONSIGNMENT STORE. ESTABLISHED BOUTIQUE WOMENS FASHION RETAILER IN A PRIME RETAIL LOCATION

SNAPSHOT
- Asking Price: $100,000
- Turnover for FY17: $241,000 (excl GST)
- Gross Profit Margin of 91%
- Net Profit to Owner Operator FY17: $126,400
- Prime retail location near corner of Chapel St and Toorak Road
- Open 7 days per week
- Premises and lease includes a large loft style apartment suitable for living or storage purposes
- Training, introduction to key suppliers, and full transition can be provided if required by a purchaser

LEASE
- Commenced 1 July 2016 for a 3 year term
- One (1) further term of three (3) years
- Base rent $65,563 plus GST per annum ($5,464 per month)
- Outgoings of approximately $8,650 per annum
- Annual increases of 3%
- Floor area: Ground Floor 60sqm, Mezzanine Floor 50sqm

STRENGTHS/ BENEFITS
- Fantastic fitout, displays and retail location in the heart of trendy South Yarra
- Huge social media presence and following
- Very reasonable lease terms and costs
- Perfect for a first time buyer or experienced operator. No additional expenditure required
- Fantastic relationship with various suppliers (private and commercial)

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1282.

This is another Boyd Ryan Business Sales & Consultants Exclusive Listing...

Contact Seller

Contact: Boyd Ryan
Phone: 1300 071 226
Mobile: 0411 145 114
Bsale ID: 151611




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