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Ladies Undergarments Sold For Sale

Sydney, New South Wales, Australia
Asking Price:
$120,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

Specialising in under garments as well clothing.

Business has a trade history of 20 years.

The premises recenlty renovated and are impeccable and of high quality.

The Store carries high branded lines that are exclusive to the location.

The suburb is very much a "small speciality stores" with a difference then the larger chains as the large chains did not succeed in the area.

Some of the brands/labels are:

Prothesis Bras(pocket bras) from Amoena USA.

Marlies Dekker (Holland) Underwear/Bodysuits/Swimwear with price tags from $200 plus.

Lou ( Paris).Underwear/Sleepwear.

Chantelle Thomas underwear ( France) from $100 plus.

Empreinte, ( France), underwear & Sleepwear, $170 Plus.

Love & Lustre Loungewear, Sleepwear & Robes.

Kelvin Klein.

The list continues.....

The suburb is of middle to upper end economy and the ticket average is good.

The floor area sqm is 150.

The Vendor is also the landlord and will have a long term vested interest in the Purchaser.

Training will be provided.

Vendor wants a quick sell, take over the inventory being approx. $90K and negotiate a new lease with an annual rental of $150K pa being the market rental.

Vendor wishes to retire. Further information available upon request, please contact seller below for more details.

Property Information

Real Estate:

Lease

Lease Terms:

5 yrs plus 5yrs plus 5yrs with first right of refusal on premises

Leasehold Rent:

$1,520,000 (AUD) per annum

Location:

Prime retail street location

Premises Details:

Impeccably presented as resently being renovated at a cost of $250K

Size in square feet:
150 sqm
Planning Consent:

N/A

Business Operation

Expansion Potential:

Can roll over many more stores.

Competition / Market:

Very little as selective branded lines are exclusive to location.

Reasons for selling:

Retirement.

Trading hours:

10 am to 6 pm, 7 day

Employees:
2 casuals plus vendor ( 15 hrs per week).
Years established:
20

Other Information

Support & training:

Yes

Inventory / Stock value:
$90,000 (AUD)
Relocatable:
This business can be relocated.

Contact Information

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