Retail - Footwear - Handbags

Business Code: TQC1046D


Key Features: Well established

State: QLD

Location: Situated in Western Brisbane City fringe on popular shopping strip.

Description

Retail ladies high end leather footwear and handbag boutique specialising in European brands. - State of the art payment and stock control. - Shop has a bright area for retail and good storage facilities for multiple sizes.

Summary

  • Features: Beautifully presented. - Well managed. - A great retail location.

  • Potential: This suburb has extraordinary growth in the area with four large residential high-rise completed and / or under construction. - Opportunity to extend trading hours by opening on weekends. -Possibility to add other fashion items.

  • Premises: Modern retail premises with compact storage and an area of 55 sq. mts.

  • Trading Hours: 6 days - Mon. - Tues. - Wed. and Fri. - 9 a.m. - 5 p.m. - Thurs. - 9 a.m.- 6 p.m. - Sat. 9 a.m. - 4 p.m.

  • Lease: New 3 year lease commenced Aug. 2017 + 3 year option - 3 month bond - 3% p.a. rent increases

  • Employees: 1 owner + 1 casual

  • Comments: This is a well managed business with simple operating systems in place. - Rent figure includes outgoings and one paid car park space - Wages includes work cover and super.

Weekly Summary

Weekly Takings
(inc GST)

$4,405

Cost of Goods

$2,379

Gross Profit

$2,026

Rent

$954

Wages

$240

Telephone

$30

Insurance

$20

Electricity

$63

Total Expenses

$1,307

Estimated Stock (Additional)

$60,000

Net Profit

$719

Price

$99,000

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