Industry:
Retail
Business Address:
Sorrento, VIC, 3943, Australia
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| AD
ID: |
B130600010 |
| Asking
Price: |
AUD$150,000
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| Rent: |
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| Detail
business type: |
Footwear & Accessories |
| Business
Ph: |
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| After
hours ph: |
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| Name: |
Mr. Rex Curtis-Griffiths |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
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| Phone: |
03 5984 2184 |
| Mobile: |
0418 990 395 |
| Fax: |
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| Email: |
twiggysshoes@gmail.com |
| Website: |
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| Postal
Code: |
3943 |
| Country: |
Australia |
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Comments:
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Features |
TWIGGYS SHOES SORRENTO FOR SALE
Large retail space rarely becomes available in Sorrento shopping strip. Twiggys is next to the busy newsagent. The store has a loyal customer base, with many who have shopped at Twiggys since the 1970’s.
Retailers who have opened stores in recent years include:
Adore
Bed Bath N’Table
Chanda
Coles
Darriwill
Elephant
Gazman
Herman
Kameleon
LuLuLemon Athletica
Mimco
Meredith
Ozmosis
Saltwater
Seed
Sportsgirl
Witchery & Witchery Man
The new Frankston By-Pass Freeway has made this desirable seaside village so much easier to visit. Just over 1 hour from Melbourne.
The business is for sale $150,000 (Or near offer) plus SAV/Fittings & Fixtures (Approx $100,000)
Rent (August – August)
Monthly rent: $4,853.33
GST $485.33
Total Monthly $5,338.66
Per Annum: $64,064
NB: The Lease has a fixed 4% annual increase each August to 2016.
12 Good Reasons to consider Sorrento for a business / shop.
1.Best position.
2.Limited sites available.
3.Victoria’s premier tourism area and playground of affluent visitors.
4.Growing population of permanent young families and retirees.
5.Other leading retailers opening in the street.
6.The only large area floor space available in Sorrento.
7.Readily available labour pool of permanent youth, young parents and retirees.
8.Fixed rent structure – affordable compared to shopping centres.
9.Rare opportunity to secure this premier location.
10.Reasonable entry price to secure this site.
11.Huge potential to expand the product range.
12.Easy commute to central Melbourne – just over 1 hour
The store is beautifully presented with shoes for ladies, men and children, in addition, a limited selection of handbags, wallets, scarves, jewelry, shoe care products, socks and stockings.
Since 1974 the business has generated a healthy income / profit for a number of different owners. The current owners took over the store in 2004 and have specialized in quality leading brands, as well as importing exclusive styles.
The average annual turnover is approx. $6,000 per week. (up to $18,000 per week in the summer holidays)
The large selling floor space is complemented by an equally large storage area. There is a rear car park and delivery access.
The store has quality fittings and fixtures, air conditioning and carpet.
Open 364 days a year 10am – 5pm. The opportunity exists to open longer per day and week end evenings.
The opportunity also exists to dramatically increase the stock levels and to introduce clothing and other product lines, plus include sporting & travel goods, clothing, work boots & outer wear.
The large store area would also suit a wholesale business to operate from the same premises.
The floor area would allow the display and sale of a far larger inventory of stock direct to walk-in customers and to on-line customers.
To help new migrants - Legal Migration / Visa assistance is available by a registered Mandarin speaking lawyer
HOUSE FOR SALE – The Owner’s 3 bedroom home with two living areas is also for sale. It features a huge outdoor deck area. Located just 3k from the shop. Price A$750,000 plus Sales Tax. Inspection by appointment.
For further information contact Rex Curtis-Griffiths on 0418 990 395
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- Busy Traffic Area
- Business + Residence Available
- Excellent Location
- Good Turnover
- Huge Potential
- Stock At Value(SAV)
- Good Lease
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