Business For Sale Melbourne VIC Region, Victoria
Business Category Clothing Accessories
$108,000 + SAV
Description
Lingerie Store For Sale
A profitable lingerie store in Melbourne's bustling Central Business District, offering a diverse range of intimate apparel, swimwear and accessories.
* Average weekly takings of $6,793
* Lease terms of 1 x 3 x 3 x 3
* Rent at only $483 per week
* Includes $10,000 worth of assets and equipment
* Training provided by the vendor
* Easy-to-run business
Nadia Polzellaand the team at LINK Melbourne are thrilled to present a well-established lingerie store in the southeast of Melbourne's Central Business District to the market.
Established in June 2021, this lingerie store, now serves a diverse clientele in the Southeast of Melbourne's Central Business District and is open seven days a week. It maintains a steady performance with an annual turnover of $353,236 and an average weekly income of $6,793, supported by $110,000 worth of stock and a weekly rent of $583.
The store primarily caters to females aged 30-45 and offers personalised services such as bra fittings and tailored product recommendations. Alongside lingerie and sleepwear, it provides pure silks, shapewear, maternity wear, Italian hosiery and outerwear, leveraging discounts through a purchasers' group.
Strategically positioned with steady foot traffic and exclusive parking, the store occupies 24 square meters and features curated shelving and essential equipment. Prospective purchasers need no specific qualifications, as training will be provided, though retail and computer knowledge is beneficial.
Marketing efforts include social media engagement and dynamic window displays. Despite a positive reputation from the physical retail front, there's room to expand the online presence.
Two experienced staff assist in various roles, including steaming goods and stocking shelves.
The new owner's tasks include rebranding. There's also an opportunity for growth, such as expanding into swimwear sales to tap into new revenue streams.
Listing ID: ME02879
Broker: Nadia Polzella
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the vendor.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: ME02879
Timestamp: XXXXXXXXXX 3002
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