Kids Shoe Store – Retail and Online – Leichhardt, NSW

Leichhardt NSW
Asking Price $80,000
About
Business ID BS156130

TURNOVER: $1 MILLION – TURNKEY BUSINESS WITH MULTIPLE GROWTH OPTIONS

This very successful business is well known, popular, and profitable – and offers plenty of potential for growth, through diversity and even franchising! Specialising in fitting children’s shoes, the great thing about Billy Lou Kids Shoes is the continual and consistent sales – in-store and online. With an annual turnover of $1 million, Billy Lou is ready for its next stage!

   -  Large loyal repeat customer base –Servicing kids from birth to teens for almost 14 years

   -  Known for fantastic service, great brands, fun and easy shopping experience

   -  Brands include Bobux, Clarks, Asics, New Balance, Reebok, Camper, Converse, Vans, Skechers, Havaianas, Salt Water and more

   -  Online sales account for 25% of overall sales with the opportunity to grow

   -  Strong relationships with key suppliers –Stock forward ordered until Spring Summer 2024

   -  Successful well designed and popular Website – xxxxx

   -  Established Facebook/Instagram – Huge customer database

   -  All systems and excellent staff in place – can run efficiently without the owners’ store presence

   -  Large customer base all over Australian and NZ that purchase regularly online

   -  Mixed marketing, including outdoor posters, streaming on 9Now, Google AdWords, Instagram/Facebook, local Mum’s social media pages, flyers into child based local businesses and newsletters

   -  Long term secure lease in place

   -  The business is a pillar in the Leichhardt community – Very involved and supports locals and school fundraising events

PREMISES:

Downstairs (82sqm): Retail space with big window exposure, back storeroom, garage (used as storage) and bathroom. Upstairs (30sqm): Office space and storage plus Outdoor Balcony (5-8sqm) and bathroom.

Billy Lou is located in the busy suburb of Leichhardt – a vibrant area with many young families. Well positioned in famous Norton Street, the business is surrounded by restaurants and bars, and is opposite a busy medical centre.

There is an opportunity to franchise the business – within Sydney and especially interstate.

You could also grow the business by trading 7 days a week (currently 6 days) and expanding the range to include women’s shoes as there is little available locally. The owner has already researched this and knows there is definite potential.

After 14 years in the business, the owner is ready for a new opportunity – and is offering a generous training package. Please do not contact the store directly.

All enquiries must come through Coast to Coast Business Sales xxxxx -

PRICE: $80,000 + SAV (approx. $225,000)

Property Code: 3704
        
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