STRONGLY PERFORMING RETAIL ART GALLERY – RECORD SALES GROWTH!
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This exclusive retail art gallery, licensing a strong and established international brand and with the exclusive rights to this brand in Australia, is available for acquisition by a savvy buyer.
• Sales growth of +32% in the January to June 2020 period vs. prior 6 month period.
• Record online sales growth of +58% MAT to June 2020.
• Strongest month of the year experienced in June 2020, bucking the trend due to the strength of this premium brand and it’s growing profile in Australia.
With support from an international franchisor and master franchise rights within Australia, an online store with growing sales, and a high-end retail flagship store fitout, this represents an amazing opportunity.
The current owners are seeking to exit for personal reasons, with other business interests.
• $169,000 in sales in June 2020 (incl GST)
• Average monthly sales of $93,000 in FY2020 (incl GST)
• Annual sales of $1.12m in FY2020 (incl GST)
The art gallery brand is world-renowned with over 35 locations worldwide offering an extremely high quality consumer product range at affordable prices. This international commercial brand offers a choice from over 3,000 different product options.
The business employs a Marketing Manager 3 days per week to drive marketing activity and support sales growth.
Offered for sale at $400,000, inclusive of the nationwide rights in Australia supported by an international brand and secure exclusive international supply chain, high-end retail fit-out ($147,000 invested) and stock holding (approximately $34,000).
An ideal opportunity for a new business owner exiting the corporate world with transferable skills, or your ideal next business opportunity. Grab hold of a business on the way up!
If this is an opportunity that interests you, please contact us to discuss further. On completion of a confidentiality agreement and initial discussion, a comprehensive Information Memorandum can be provided, which will include detail on the product and retail location.