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SOLD! Swimwear and Resort Boutique. Iconic Sydney Retail Outlet

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SOLD! Swimwear and Resort Boutique. Iconic Sydney Retail Outlet
T/O $718,000 per annum Owners Income $260,000

Business Sale Price:

$290,000

Business ID: BS154683
Location: Sydney
Type: Retail

SOLD
$290,000

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SOLD! Swimwear and Resort Boutique. Iconic Sydney Retail Outlet

This business was started in 1986 by the present owner and her partner. It has become an icon in the Northern Beaches of Sydney and beyond with customers coming from everywhere to benefit from the service and personal fitting for which the boutique is famous. Specialising in resort and swimwear, the owner has built up relationships with many national and overseas suppliers, having some 30 labels, some of whom are exclusive to this business on the Northern Beaches and across NSW.

Over the years the business has built up a customer list of over 4,500 and while this is not actively used at present, it has the potential for substantial online marketing and sales.

  • Established 37 years
  • Iconic Business with repeat customers
  • Niche Market
  • High Margins
  • History of Profits
  • Exclusive Distributorships
  • Simple to Management
  • Existing trained salespersons
  • Long Lease

Depending on the experience of the buyer, the owner will train a new owner to ensure a smooth handover of the business.

This business is suitable for anyone with retail experience or who wants to enter the retail market on the basis of a secure, profitable and well-established business.

Asking Price: $290,000 for the goodwill and assets. Stock is not included and will be valued at cost as at the time of settlement.

Details

Subheading : T/O $718,000 per annum Owners Income $260,000
Business ID : BS154683
Price : $290,000
Search Locations : Sydney
Search Type : Retail
Price Range : $1 - $500,000
Status : Sold

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    REIV Awards Winner - Business Broker of the Year

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