Gifts, Homewares and Fashion Business | Prime High Street Locatio

Description

Extremely popular well-established dual income business which also includes an Espresso Bar overlooking the adjacent park.

Revenue
$545,095 pa

Net Profit
$140,267 pa

Location Details
Bulimba is a suburb in the City of Brisbane, Queensland, Australia. It is located 4 kilometres north-east of the CBD, on the southern bank of the Brisbane River, and borders Balmoral, East Brisbane, Hawthorne, and Morningside.

Lease
Commencement date: June 2018
Expiry date: June 2021
Option: Further 5 years
Annual Rent: TBA

Employees
4 x casual staff members

Reason for Sale
Owners circumstances changing in 2020 requiring potential interstate move.

About the Business
With an established loyal client base and a large, ever-growing following of visitors and tourists, the store is the go-to destination for those looking for ideas to style their home, that perfect gift for a loved one or a special treat for themselves

Very profitable business with a strong client base and high level of foot traffic. Located in an ideal corner position in Bulimba's coveted Oxford Street precinct with competitive lease.

Store: Individually selected range of unique homewares, gifts and designer fashion labels. Specialising in Australian made organic cosmetics and candles. A wide range of gifts for all ages including a popular children’s section.

Café: Busy outdoor café serving locally roasted coffee and locally produced cakes and snacks.
Currently operated by a working owner (approx 35 hours per week) and a small team of casual staff.
Trading Tuesday – Sunday

Key Points
• Prime inner-city location
• Very profitable, dual-income business
• High Margin
• Heavy Foot Traffic
• Established loyal customer base
• Specialty coffee
• Light unique food options, breakfast and lunch
• Strong reputation for unique high-quality offerings and friendly service
• Ideal corner position in Bulimba's coveted Oxford Street precinct with competitive lease

There is also further potential for growth including:

Online sales. The potential to expand this individually sourced, sought after selection of gifts, homewares and fashion onto an online sales platform is significant.

More effective use of social media. Although the store has an excellent position with extensive passing trade the potential to implement a consistent and effective social media campaign to drive more traffic to the store is significant. The current owner has effectively utilised Instagram and Facebook, however there is scope to build on this.

For more information, give Don a call now on 0408 230 203 or email dgunther@tworld.com.au

Note: Images used for Illustration purposes only.

Listing Details

  • Listing Number: 96931-233217
  • Location: Brisbane City, Queensland
  • Price: 129,000.00
  • Down Payment: 0.00
  • Sellers Discretionary Earnings: 0.00
  • Category: Cards\/Gifts\/Books

  • Inventory: 0.00
  • FF&E: 0.00
  • Employees:
  • Years Owned:
  • Reason for Selling: Other commitments

Business Listed By: