Boutique Bridal Retail Store - Sydney South

Business Sold New South Wales

Business Category Clothing Accessories Clothing Footwear Manufacturer

SOLD

Description

Boutique Bridal Retail Store - Sydney South

YTD Income = $695,515 (1 July 2021 to 30 April 2022) 10 Months

YTD (P)EBITDA = $208,526 (Normalised owners profit to 10 Months)

2021 Income = $608,384.

2021 (P)EBITDA = $194,061 (Normalised owner’s profit)

Bridal Boutique well respected and recognised across the market and industry.

Successfully operating for over 7 years under the current owner.

This is a destination shopping Experience with approximately 30 paid appointments per week.

All bookings are made online.

Private and Spacious Change rooms allowing a relaxed and personal experience.

Exclusive NSW stockist for 7 high end bridal brands.

The business operates nationally and internationally with an online shopping cart.

Prime position in a busy shopping strip.

Strong brand identity through the website and social media.

Long Lease Available.

Instagram following of approximately 25,000.

Recently renovated store completed in late 2020.

Increase turnover by opening more stores and / or increasing product range.

Short hours – Only trading 30 hours a week by appointment.

The Owner only works in the business around 30 hours.

Long term Loyal Customer Base.

100s of Surrounding car spots along with 2 large council car parks.

Surrounded by retail stores, banks, offices, and hospitality-based business.

All equipment is unencumbered.

Turnkey business – Make money from day 1.

Thousands of daily passing traffic by Car, Truck, bike, and foot.

Move quick before this business is SOLD!

Ref# 226

Clifford Forster

For more information request a Business Profile at:
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PLEASE NOTE:

THE PURCHASER IS TO DO THEIR OWN INVESTIGATION INTO TO THE BUSINESS AND NOT RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR ANYONE ON THEIR BEHALF

Property Code: 226
Contact Seller
Clifford Forster

Bsale ID: 562888
Broker REF: universal_49_35

Universal Business Brokers