Established And Profitable Retail And Cafe Business

This business is already profitable, but the online presence is small so there is huge potential to grow a national customer base and increase future online sales of wares. Most of the product is purchased through wholesalers in Australia. There is great potential in sourcing products directly from suppliers overseas to increase margin on product leading to increased profit.

With over 40k social media following and 9000 email subscribers, hey have created a successful and trusted brand. They have a solid relationship with their target audience and customers who trust them. A great opportunity for existing business owners or creators who have a brand or label of their own and want to grow their brand quickly. A new clothing label, a leather brand, a ceramics range? Inject your product into this business model and see instant sales and profitability.

The business is located in a growth capital with the population expected to rise from 150k to 450k by 2050. The store operates 6 days a week February to November and there is an opportunity to operate 7 days to attract more tourism during these months.

The concept of having a small cafe operation in store leads to a steady daily stream of customers which often leads to purchases of the wares. This has future proofed the business’s success.

SKILLS
The current owner works part-time, 30 hours per week, as the visionary and the driver of the direction of the business. She is the head buyer and product processor, roles which can easily be learnt. She also handles the payment of suppliers and staff. Her hours are flexible and she often works remotely.

HOURS
The business operates 6 days per week 9am - 4pm, 7 days per week during the busy summer period of December/January.

LEASE
$52k PA + outgoings

EMPLOYEES
The business operates with 3 full-time employees, 2 part-time and 3 casual employees, plus the owner working part-time.

REASON FOR SALE
New venture in a different industry.

KEY FEATURES
Long established for 8 years
Turnover $1M +
Solid stock and equipment holding $180k
New commercial property and equipment
Retail store and the online store work seamlessly together
Small cafe operation run by staff
Store manager and sales and marketing in place
Owner works part time
Asking Price $80k + Stock and Equipment $180k