Visit this listing at https://www.sbx.com.au/business?id=G1758

Business Code: G1758

Key Features: New casual footwear brand - Retail - Online - Wholesale.

State: NSW

Location: Well located in a prime retail area in the most trendy part of the Eastern Suburbs of Sydney.

Description

Retail - Wholesale and Online servicing an independent casual footwear brand offering timeless sneakers that won't go out of fashion and won't produce more waste for the environment. - The business is made up of a flagship retail outlet 40%, wholesale 40% and online sales 20%. - Aesthetics, function, and simplification of forms are keywords that describe the product range. - The owners have created a great new brand with excellent design that has shown continual growth since inception.

Summary

  • Features: Very exciting new casual footwear brand. - Premium location with a stunning flagship store. - Loyal customers. - High quality products with a luxury look & feel. - Strong email & social database. - Omnichannel approach (trademark owner + website + distribution owner).
  • Potential: Enormous potential to grow this business. - Could expand the product range. - Could offer a lower price point to allow for mass market. - Could grow with a retail outlet in Melbourne. - Could easily grow the online store with more marketing. - Increase wholesale presence.
  • Premises: Shop size is 49 sq mts with two storage areas plus 2 self storage units.
  • Trading Hours: 7 days - 9:30 a.m. - 5:30 p.m.
  • Lease: 3 year lease + 3 year option commenced April 2021. - 2 months rental bond. - 5% annual Increases.
  • Employees: 2 owners
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$9,777

Cost of Goods

$4,552

Gross Profit

$5,225

Rent

$1,485

Misc1

$182

Total Expenses

$1,667

Estimated Stock (Additional)

$180,000

Net Profit

$3,558

Price

$425,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Online - Shoe Retail - Wholesale

Business Code: G1758
Price: $425,000
+ Estimated SAV $180,000

Key Features: New casual footwear brand - Retail - Online - Wholesale.

State: NSW

Location: Well located in a prime retail area in the most trendy part of the Eastern Suburbs of Sydney.

Parking: Street parking.

Description

Retail - Wholesale and Online servicing an independent casual footwear brand offering timeless sneakers that won't go out of fashion and won't produce more waste for the environment. - The business is made up of a flagship retail outlet 40%, wholesale 40% and online sales 20%. - Aesthetics, function, and simplification of forms are keywords that describe the product range. - The owners have created a great new brand with excellent design that has shown continual growth since inception.

Summary

  • Features: Very exciting new casual footwear brand. - Premium location with a stunning flagship store. - Loyal customers. - High quality products with a luxury look & feel. - Strong email & social database. - Omnichannel approach (trademark owner + website + distribution owner).
  • Potential: Enormous potential to grow this business. - Could expand the product range. - Could offer a lower price point to allow for mass market. - Could grow with a retail outlet in Melbourne. - Could easily grow the online store with more marketing. - Increase wholesale presence.
  • Premises: Shop size is 49 sq mts with two storage areas plus 2 self storage units.
  • Trading Hours: 7 days - 9:30 a.m. - 5:30 p.m.
  • Lease: 3 year lease + 3 year option commenced April 2021. - 2 months rental bond. - 5% annual Increases.
  • Employees: 2 owners
  • Sale Reason: Personal reasons
  • Comments:

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures exclude GST

Weekly Takings

$9,777

Cost of Goods

$4,552

Gross Profit

$5,225

Rent

$1,485

Misc1

$182

Total Expenses

$1,667

Estimated Stock (Additional)

$180,000

Net Profit

$3,558

Price

$425,000
+ Estimated SAV $180,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.