Business For Sale Corowa, New South Wales 2646
Business Category Clothing Accessories
$400,000 + SAV
Description
Premium Clothing Business In Corowa Abm Id# 6308
Origin Clothing is situated in a premium position within Corowa’s main street, neighboured by the town’s only bakery and a prominent butcher, this iconic retail men's, ladies’, and kids’ clothing store has been trading since the 1950s.
Key Selling Points
-Market leader in premium fashion.
-Currently, owner-operated with four staff members.
-An unbeatable location in the heart of the main street.
-A long-standing and profitable business that is a key pillar of the community.
-Highly lucrative.
-Very consistent sales and profit levels over a long period.
-Large commercial premises freehold.
-Niche market with few competitors.
-The owner will provide a more than adequate handover period and is also happy to help post-settlement to ensure a smooth transition.
-Australian and international brands.
-Real growth avenues.
-Strong social media following.
-Fashion experience is advantageous but not essential
-Experienced loyal staff to assist.
Leasehold Details
-Lease term—5 years
-Lease expiry date—negotiable
-Lease Options—5x5
-Lease area—442 sqm
-Rent—$42, 341. 86 +GST PA / $850.00 +GST PCM
Freehold Details
-Land area—appox. 1200 sqm
-Building area—approx. 488 sqm
-Approximate age—80 years
Business Sale Price $ 400, 000. 00+SAV
ABM ID# 6308
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