Bacchus Marsh Mens And Ladies Fashions And Accessories Business For Sale

Business description

Mens and ladies fashion clothing and accessories from well known brands including Mossimo, JAG, Industrie, Blazer and Ping Pong.
Situated in the Bacchus Marsh Plaza Shopping Centre, this superbly set up clothing business enjoys a continuous stream of passing traffic heading to or from the Coles supermarket next door as well as being adjacent to the food court area.
The shopping centre itself is the main shopping area for the town of Bacchus Marsh and supports the outlying areas of Myrniong, Greendale, Balliang, Rowsley and Dales Creek.
This lifestyle business will adequately support one full time owner and other part time staff and with the right flair for fashion and marketing, the next owner could develop this business to its full potential.

Property information

Real Estate:

Lease

Lease terms:

Currently in second year of 2nd one year period which is due for renewal in April 2012 for a further period of one year and then a further renewal period of two years after that - lease concludes April 2015

Leasehold rent:

$30,000 per annum

Premises details:

The store is located in a plaza style shopping centre with occupation of approximately 39 shops, 4 kiosks, 5 office areas and 3 storage areas with undercover and open air parking for 558 cars.

Business Operation

Expansion potential:

Main expansion would be due to more take up by local residents choosing to shop locally and being aware of the presence of a 'brands' shop suitable for their casual fashion needs.

Competition / Market:

There are two other specialist ladies fashion stores catering to older markets as well as a Country Target.

Reasons for selling:

Illness in owners family

Trading hours:

Mon to Fri - 9.30am to 5.30pm
Sat - 9.30am to 5pm
Sun - 10am to 2pm (Christmas period only)

Employees:

1-2

Years established:

1.5

Other information

Support & training:

Two weeks

Furniture / Fixtures value:

$15,000 (included in the asking price)

Inventory / Stock value:

$50,000