Business Sold Surry Hills, New South Wales 2010
Business Category General Retail
SOLD
Description
Very Successful Fashion Retail - Under Semi Management - For Sale
Ladies Apparel - Retail Business – Surry Hills
T/O : $481,000
Profit : $150,000 (includes 1 owners wage)
Price : $109,000 + stock approx. $10,000 - negotiable
Established for over 3 years, this business has been profitable from its first week of operation, an achievement and a testament to the business model that it operates by.
Offering quality fashion which is design led, with a focus on fit at very accessible price points ($39 – $119), has resulted in a loyal and ever growing clientele alongside an easy to sell product offering.
Located on a busy street in a high traffic area, this buzzing neighborhood has a dense residential and commercial component. This store also has a large uninterrupted frontage which ensures high exposure to those on foot or driving by. The site is situated just off the main corner position of a busy intersection.
The vendor works in the business 2 - 3 days a week and has loyal well trained staff to assist with running the business.
This business currently has a database of 3500 email addresses and their Instagram following sits at close to 6000 followers. Both streams have been grown from directly engaging clients instore so are valuable assets in communicating and maintaining their customer base.
Many untapped opportunities are waiting to be harnessed to take the foundations of this solid and dynamic business to the next level of growth, a very exciting opportunity for the right fashion/business savvy entrepreneur.
Some of these untapped opportunities include custom branding, expansion of product categories especially those categories that remain untapped within the immediate neighborhood and therefore have no direct competition, a PR and marketing strategy which covers both traditional and digital streams are just a few of the things that can be done easily to see this next level growth.
For more information call Rad Benicky on XXXXXXXXXX or in business hours
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