Unique Retail Lifestyle Store – Beecroft, NSW
Beecroft NSW
Last asking price $55,000
Sold July 2023
Clothing Retail
Business ID: BS145093
Turnkey Business – Turnover $416k-$509k
Fast becoming a destination lifestyle store, Beautiful Things By... is a unique business in affluent Beecroft, offering plenty of growth potential.
Located in the busy Village Arcade – which is undergoing a major refurbishment - this is an amazing opportunity to buy your own business and take it to new heights by adding an online retail business, interior decorating, late night and Sunday trading, and special events.
Business Highlights:
-Established by the owner in 2007
-Wide range of products including furnishings, clothing, jewellery, gifts - Australian-made and European brands
-Excellent customer base of regular locals and visitors
-Average mark-up approx. 2.2 (gross profit approx. 52%)
-Excellent exposure near entrance to Village Arcade - Close to busy Café
-Leasehold Premises: 44 sqm including fitting room and storage area with sink
-Village Arcade undergoing refurbishment – new painting, signage, landscaping, and flooring
-Store improvements include New Fujitsu spit system air conditioning (June 2022) + $250k refit in 2013 with new electrics, plumbing, flooring, walls, ceiling, storeroom, comprehensive racking system and desk
-Marketed mainly through social media - 1400 Instagram followers
-Excellent well trained casual staff in place
-2-week training period for smooth transition – longer could be negotiated
-Owner is retiring
-Priced for a swift sale due to family illness
Price: $55,000
Property Code: 2869