BUY A RETAIL BUSINESS WITH +123% ONLINE SALES GROWTH IN 2020!
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What a stunning opportunity – a retail business operating from a single location (with the opportunity to grow) delivering +123% online sales growth and +54% total sales growth in 2020!
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.
• A stunning +54% sales growth in calendar 2020 vs. 2019. This is truly outstanding during the impacts of COVID-19 on most retailers, and demonstrates the resilience and attractiveness of this business.
• Record online sales growth of +123% in 2020 (over doubling the contribution of online sales to the business).
• Further +51% growth in January 2021 vs. same month last year.
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.
• $127,000 in sales in January 2021 (incl GST)
• Average monthly sales of $101,000 in Calendar 2020 (incl GST)
• Annual sales of $1.21m in Calendar 2020 (incl GST)
Offered for sale at $500,000, 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 $38,000).
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.