Retail- Cosmetics - FN1318

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$15,000

Description

Cosmetic retail and import shop specialising in Korean and international skincare and beauty products, including many popular K-Beauty and global cosmetic brands. The business has built a solid reputation for its excellent product knowledge, personalised customer service, and reliable supplier network- all of which will be fully transferred to the new owner. With over 6,000 registered customers and a strong base of loyal, returning clients, the shop continues to benefit from years of trust and consistent reputation.

Potential

Expand online sales and e-commerce store- Develop social media and influencer marketing- Launch member loyalty or group-purchase programs- Introduce new product lines to broaden the market

Features

Established for 17 years with an excellent reputation in Korean beauty retail- Strong repeat clientele -Imports and sells both Korean and international cosmetics -Reliable and stable suppliers -Low overheads and simple operation.

Premises

Approx. 27 sq. mts including a small rear storage area. Neat, well-presented fit-out ideal for a retail beauty shop.

Location

Situated in retail hub of Inner West Sydney, near shopping centre with steady foot traffic and surrounded by residential, commercial, and entertainment venues, ensuring a consistent flow of local and returning customers.

Trading Hours

6 days - Monday to Saturday: 10:00 am to 6:00 pm. Closed Sunday

Lease

3-year lease commenced January 2025- 3.5% rental increases per year - 3 months Bond.

Employees

Currently operated by the owner only (easy to run)

Comments

A rare opportunity to acquire a well-established Korean cosmetics import and retail business with a strong customer base and proven track record.-Selling at a very reasonable price due to reduced recent involvement by the owner caring for a family member. - Smooth handover guaranteed. Perfect for a buyer who loves beauty, skincare, and customer interaction with plenty of potential to grow.

SBX ID

FN1318

Figures
  • Takings: $4000/week (GST)
  • Cost of Goods: $2800
  • Gross Profit: $1200
  • Rent: $750
  • Telephone: $20
  • Insurance: $30
  • Electricity: $50
  • Total Expenses: $850
  • Nett Profit: $350
  • Estimated Stock (Additional): $90000
  • All other values ex GST
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