Retail - Womens Fashion - W1979

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$88,000

Description

Women's retail selling exciting fashion clothing and accessories catering for a target customer between 20 to 40 years. Woman clothes with beautiful designs and a modern K-fashion. The range has expanded to include womens wear, shoes and accessories focusing on quality and a timeless appeal. 70% of clothes are imported from Korea, 30% are purchased in Australia. Majority of customer numbers are Chinese.

Potential

Can add cosmetics. Also can import from China or from other countries. Do more advertising through internet, local papers. -Could convert to facial massage shop or hair salon

Features

Good location in the middle of huge apartment complex. No competition. Cheap rent. Low cost of goods. High margins. No similar stores in this area.

Premises

This business has an area of 80 sqm

Location

Situated in the middle of approx. 10,000 apartment complex in commercial area next to famous Real Estate office in Inner West.

Trading Hours

Open 7 days - 10:00 am to 5:00 pm

Lease

Current lease expires September 2026 and can be extended for another 5 years. - Rent increases by 5% per year Bond 3 months,

Employees

1 owner + 1 part timer

Comments

Ideal place for ladies shoes, underwear, socks, belts, etc. - Do further marketing online - the business suits an owner operator - Can be run as 6 or 7 day business. - Includes fixtures & fittings. -Training for a reasonable transition period will be available. - A must to inspect. Motivate vendor, must inspection.

SBX ID

W1979

Figures
  • Takings: $7500/week (GST)
  • Cost of Goods: $3500
  • Gross Profit: $4000
  • Rent: $1179
  • Wages: $450
  • Electricity: $33
  • Nett Profit: $2338
  • Estimated Stock (Additional): $30000
  • All other values ex GST
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