Industry:
Retail
Business Address:
Toorak, Melbourne, VIC, 3142, Australia
Click on pics to enlarge.
AD
ID:
B160100007
Asking
Price:
P.O.A
Rent:
Detail
business type:
Gift and Homeware Store
Business
Ph:
After
hours ph:
Contact Details
Name:
Mr. James Cashmore
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0439 555 722
Mobile:
0439 555 722
Fax:
Email:
cashyis@gmail.com
Website:
Suburb/State:
Toorak / VIC
Postal Code:
3142
Country:
Australia
Comments:
Features
MELBOURNE BOUTIQUE GIFTWARE STORE FOR SALE
The Ludo Trading Company is a boutique giftware store located in the heart of one of Melbourne's most well-known shopping destinations. Ludo is a favourite of many Melbourne and interstate shoppers and has enjoyed a strong local following for over 10 years. In 2013, the adjoining property to Ludo was leased and the shop was fully extended and renovated. It now enjoys over 60 square metres of shopping experience.
Complementing the Toorak store is an online shopping site that has been refined and targeting for the busy shopper in mind. www.ludotrading.com.au offers a wide range of unique giftware solutions that are wrapped and sent out daily. The online store enjoys a large social media following and is ranked on Page 1 for several search terms on Google.
Ludo has a wide range of boutique gifts and homeware. Categories generally found in the shop location and online store include, baby gifts, women抯 clothing, birthday gifts for men and for women, travel goods, kitchenware as well as an extensive range of items for inside and outside a home. People who shop at Ludo can always find something that will be perfect for the occasion they are buying for; testament to the unique and diverse range of buying options.
Ludo has an excellent trading history with over 3,000 different suppliers, allowing the business to innovate and stock new items regularly. In many cases, suppliers have extended trading terms to 30-60 days, providing greater cash flow options for the owners.
Opportunities in the business are endless; the owners do not have sufficient time to expand the online store and the current shop database is not being leveraged in a way that could drive significantly more revenue. Effective advertising and promotion strategies in Facebook, Instagram, Google, via direct mail and email would result in more enquiry and greater sales volumes. This would increase profitability further and expand the brand to new markets.
The founding owners are looking to realise other pursuits and are placing the business up for sale. Full financials and sale price are available on request. Upon sale, the new owners will receive a detailed list of suppliers, social media following and a database of almost 20,000 local shoppers. The founding owners will also be available to work with the new owners for agreed periods to ensure a complete handover is provided.
This is a fantastic opportunity for someone looking to come back into the workforce or for someone who would like to step into an established opportunity with significant potential.
For further information, please contact James Cashmore on 0439 555 722.
