Magnetic Touch Fashions, Magnetic Island, Townsville

Townsville QLD
Asking Price $140,000 +SAV, Negotiable

Live Your Dream on Magnetic Island: Iconic Fashion Boutique for Sale!

This is a rare opportunity to step into the vibrant world of Magnetic Touch Fashions, an iconic fashion boutique that has graced Magnetic Island with style for an incredible 34 years.

Nestled in the heart of picturesque Nelly Bay at Shop 5, Harbourside Plaza, Magnetic Touch Fashions is perfectly situated to capture the attention of both locals and tourists alike. Boasting a generous 100m2 of prime retail space, the boutique enjoys an enviable street frontage on Sooning Street, the main thoroughfare on Magnetic Island. Just a leisurely 5-minute stroll from the Nelly Bay Ferry Terminal, this oasis of style is easily accessible and impossible to miss.

Immerse yourself in the carefully curated collections that adorn the racks, showcasing the latest in fashion for women, men, and children. When you step through the attractive double doors, you’ll be met with tasteful decor, a clean and functional layout, three fitting rooms, and a friendly astmosphere. Magnetic Touch Fashions trades 7 days a week, a testament to its popularity and commitment to customer convenience. Enjoying little competition on the island, the boutique stands tall in the main service area, drawing substantial foot traffic from neighbouring shops, including Australia Post, Queensland Country Credit Union (the island’s only bank and ATM), Ray White, and other popular businesses.

With a large repeat customer base, strong sales, and the potential for expansion through a website, social media presence, and strategic advertising, Magnetic Touch Fashions is a beautiful canvas awaiting a new creative touch.

The owner’s retirement opens the door to your dream island lifestyle. The sale includes personal handover and ongoing support, ensuring a smooth transition into this captivating venture.

Don’t miss your chance to embrace this opportunity and become the proud owner of Magnetic Touch Fashions!

Why You Should Buy Magnetic Touch Fashions

  • Iconic Magnetic Island business for 34 years
  • Prime location with great exposure
  • Substantial foot traffic from the other shops in the complex
  • Convenient parking with two street entrances
  • Fully fit-out, nothing more to spend
  • Large repeat customer base
  • Genuine reason for sale – owner is retiring
  • Strong sales with steady growth year on year
  • Minimal competition
  • Ample room to expand by establishing a website, social media pages and advertising the business
  • Sale includes the owner’s personal hand over and ongoing support
  • New long term lease on offer
  • Freehold property is also available for sale if desired

Business Price
Magnetic Touch Fashions is being sold for $140,000 plus stock (estimated at $100,000 – $120,000).

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.xxxxx-agreement. Once we receive your details, we will email you the Sale Proposal for this business.

Business Broker
Susan Butler – xxxxx

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