Summary
- Asking price:
-
$70,000
- Sales revenue:
- $280,000
- Net profit:
- $100,000
- Years established:
- 9
- Employees:
- owner operators (2)
Business description
Ask for Mario.
You will enjoy working and owning this store which has been quoted as an 'institution' among it's repeat clientle. Targeting the 17 - 55 year old market with it's kitsch novelties, vintage clothing, and MYO t-shirts - as well as it's vast range of underground labels. The mood in this store is rockabilly meets punk meets 70s disco. It's fun and the store is happening. Turning over $280,000/annum. Margins are high. Business is selling for Fitout (approx $30K) plus Stock (approx $40k). Website, online buying, 2500+ customer base with emails for email marketing, Valuable Antique Counters and Fixtures, Trademarked name & logo, Trademarked inhouse label & logo, MYOB Computer system with computer generated receipts, Myspace.com site - this store is positively known with the uni/youth market. Don't miss this opportunity!
Property information
- Real Estate:
- Lease
- Lease terms:
- $81,081 + GST expiry March 2013 on 38m2 ALL TENANCIES WITHIN THIS AREA ARE FULL. We have a 15 year option on the lease. This cost includes all outgoings.
- Location:
- PRIME POSITION! Busy Adelaide St, parallel to Queen St Mall Brisbane. Opposite Queens Plaza ( Zimmerman, Gorman, G star.)Adelaide st is THE place to be for upwardly mobile fashionista shoppers.
Other information
- Expansion potential:
- Wholesaling the inhouse label out to other retailers interstate and in regional areas and even the potential to target overseas buyers. Adelaide st is THE place to be for upwardly mobile fashionista shoppers. Franchise the store as the name is trademarked and so is the inhouse label.
- Competition / Market:
- This is a unique business. There is no direct competition in the CBD area or CBD surrounds. Specialising in retro, vintage, rockabilly style clothing this business will suit the passionate advocate of era clothing OR you can add your flair and turn the direction to something different!!! MANY OPPORTUNITIES with this awesome space.
- Support & training:
- Support and Training will be provided for T-shirt making, computer training, security training and anything else the buyer would like to be more aware of.
- Reasons for selling:
- After 9 years and two babies later we are ready for a change and plan to head to Europe.
- Trading hours:
- we open 6 days but you can choose your opening and closing hours
- Furniture / Fixtures value:
- $30,000
- Inventory / Stock value:
- $40,000
- Website:
-
www.funkidori.com.au