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New Age Retail & Wholesale Clothing Store For Sale

Byron Bay, New South Wales
Asking Price:
$240,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$80,000 (AUD)

Legendary shop selling new age apparel and associated items. Owner keen to retire and handover to fresh like-minded business family.
Heaps of opportunity here to establish a website and on-line store. Whilst the store trades well, social media has never been utilised. One could only imagine the untapped potential in having a great website and associated on-line store and selling products that surely are searched thousands of times a day.
Byron Bay is an insulated community. Retail premises are limited and eager buyers tend to act quickly on any opportunity that may come to market. The premises are fresh and subject to a strong and lengthy lease with very attractive rental.
In addition to operating the shop, the current owners are active at local markets, music events, do some wholesale and are involved in a secondary Hemp Seed oil business, all of which transfer to a new owner.
This business could grow as much as you want it to grow. If you are up looking for a fun business which will reward your efforts, then this could be it.
Retiring owners want the business to live on and will commit to training, supplier introductions and any associated help that is needed to transition the business.
Priced at $240,000 WIWO which includes a minimum of $140,000 stock.

Property information

Real Estate:

Lease

Lease Terms:

5&1/2 years

Location:

Byron Bay's tourist precinct. Great lease on very favourable terms

Premises Details:

Well presented shop with good storage and parking

Business Operation

Expansion Potential:

Enormous potential. Currently no website and no social media presence. Wholesale trade could boom.

Competition / Market:

Very little

Reasons for selling:

Retirement

Trading hours:

Seven days. Hours to suit tourist numbers and owners lifestyle

Employees:
1
Years established:
20

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$60,000 (AUD) - included in the asking price
Inventory / Stock value:
$140,000 (AUD) - included in the asking price

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