1/23 Stocton Street Nelson Bay NSW 2315
$75,000.00

DESCRIPTION

Phone enquiries - please quote property ID 32923.

Presenting an enticing opportunity to acquire COVET COUTURE, an esteemed independent women's fashion boutique with over a decade of successful operation. Nestled in the heart of the picturesque lifestyle and tourist hub of Nelson Bay, this boutique enjoys a stellar reputation among both local residents and visitors alike.

Strategically situated within the bustling Cinema Mall, directly opposite Woolworths, the boutique benefits from high foot traffic, ensuring excellent visibility and exposure. The location provides a prime platform for attracting a steady stream of customers, including both tourists and locals.

The business operates within leased premises, secured with a favourable 3+ year lease in place, with additional options available for extension. All financial records are meticulously maintained and up to date, offering transparency to potential buyers. With an impressive annual turnover exceeding $600,000, the business presents a lucrative investment opportunity.

The premises are very modern with timber floors and timber displays throughout. Included in the advertised price are the extensive stock and equipment valued at approximately $70,000 stock valued 50,000, providing a seamless transition for the new owner. Currently operating seven days a week, the business is efficiently managed with the owner's presence required only 3-4 days per week.

COVET COUTURE benefits from strong supplier relationships and presents ample opportunities for expansion and enhancement. Nelson Bay, renowned for its vibrant coastal charm, boasts a resident population of approximately 7,000 and attracts a significant influx of tourists year-round. From whale-watching excursions to charming cafes, restaurants, and boutique shopping experiences, the town offers a diverse array of attractions.

With its idyllic coastal setting and thriving tourism industry, Nelson Bay provides an exceptional backdrop for both business success and an enviable lifestyle. Don't miss this chance to acquire a well-established business in the lucrative fashion sector, poised for continued growth and prosperity

Selling because of the family health problem.This price only valid until 25 May

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