Established 1975 | Unique Australia-wide I Secure Lease

- Annual Revenue: $620,000+ (last 3 year average)
- Lease Option: +3 years upon settlement
- Return on Invested Capital for Business: 54% (before owner's wage)
- Payback Period: 1.8 years

The Sheeps Back! presents a rare opportunity to acquire one of Tasmania's most iconic and nationally unique retail businesses. Established in 1975 and family owned throughout its history, the business has built an outstanding reputation as a specialist retailer of premium wool, sheepskin and natural fibre products. The current owners have successfully operated the business for more than 25 years, creating a trusted destination that attracts loyal local customers, repeat interstate visitors and tourists seeking authentic, high-quality products.

Built around quality rather than volume, The Sheeps Back! stocks a carefully curated range of reputable Australian and international brands recognised for their comfort, durability and craftsmanship. Many product lines are exclusive or difficult to source elsewhere, with customers regularly describing the business as "there's nowhere else like The Sheeps Back!" The extensive range includes knitwear, natural fibre clothing, ugg boots, slippers, accessories, sheepskin products and lanolin-based skincare, providing a unique retail offering unlike any other in Australia.

The business has benefited from an experienced and loyal team, with staff tenure ranging from 7 to 22 years, reflecting the strong culture and exceptional customer service for which The Sheeps Back! is renowned. Importantly, no employees will transfer with the business. The current owners and all casual staff intend to retire upon settlement, providing a new owner with the rare opportunity to build their own team from day one. The owners believe the business would be particularly well suited to a mother-and-daughter partnership, owner-operator couple or family team looking to continue the legacy of this much-loved Tasmanian business.

Located in a highly visible Launceston CBD position, the attractive premises benefit from excellent street exposure, large display windows and strong pedestrian traffic. Surrounded by accommodation providers, hospitality venues and established retailers, the location continues to attract both locals and visitors, reinforcing the business's reputation as a destination shopping experience.

There remains significant opportunity for a new owner to further develop the business. The introduction of a comprehensive online store would allow The Sheeps Back! to capitalise on existing interstate demand and continue serving customers long after they return home. Further modernisation of inventory management and business systems also presents opportunities to improve efficiency and support future growth.

The Sheeps Back! is far more than a retail store. It is a nationally unique business with an exceptional reputation, a loyal customer base and an enduring brand that has stood the test of time. Opportunities to acquire businesses of this calibre and character are rare.

Contact the broker to obtain access to the Information Memorandum.

ALL ENQUIRERS WILL BE REQUIRED TO SIGN A CONFIDENTIALITY AGREEMENT.