* Included in Asking Price
Located an hour north of Melbourne CBD, Kilmore is one of Victoria’s most recognisable towns with a rich history and a population of more than 8,000.
This retail boutique ladies business for sale is situated centrally in the town centre with exposure to all traffic passing through Kilmore. The business is also located amongst a number of food and beverage businesses that also serve to draw customers to the area.
* The business currently enjoys a sensationally cheap rent of just $8,320 - or $160 per week!
* Selling quality ladies clothing including high-end knitwear, the business tries to cater to every budget it can
* Created and established as a retail boutique by the current owner in 2011
* Trading just 5 days Mon to Fri 10am - 4:30pm
* The business is entirely owner operated, no staff are employed
The current owner generates a turnover of around $90,000 per annum, and with the low expenses affiliated with the business, this provides them a reasonable income as an owner-operator.
The major drawcard for this business is the amount of potential for growth available for buyers looking to get into an affordable entry-level business. Though the boutique itself is small, there’s still plenty of room for a new owner to incorporate stock that the current owner hasn’t included to any extent. Ideal additions to the business include things such as clothing accessories, dress jewellery, belts, shoes, handbags, purses, etc. The boutique nature of the business means that a new owner can be fussy and stock exclusive lines or items that can’t easily be found outside of areas like Toorak and South Yarra.
Another feature that the business current doesn’t have is an online presence. With no website, eBay store or social media currently employed by the business, a buyer can quickly and easily improve the business’ sales and brand recognition by developing the online footprint of the business or even turn the business into an outlet for an existing online business you may already operate.
This is a true foot-in-the-door business for a buyer looking to buy something with a modest budget where they can build on the potential and develop into a truly profitable business. Low overheads and core expenses are the best foundations for a great business!
For more information, please call senior business broker Damon Ambatzis on 0402 225 989
Seller Reference #B13243
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