Terrigal NSW 2260
$280,000.00

DESCRIPTION

Phone enquiries - please quote property ID 30521.

Situated beneath the Crowne Plaza, this business offers a lifestyle opportunity in a prestige beachside resort complex. Established for an incredible 35 years, this ladies’ fashion and accessory retail store is all set, up and easy to operate, and you will be inheriting a business that has been a market leader in its category, as the current owner-operators are looking to semi-retire.

As well as the physical store in a fantastic location, which brings in a steady flow of customers year-round, the store also has an active online presence covering Australia and also Internationally, with an e-commerce website, up-to-date database, social media, and Mailchimp system in place and included in the sale.
For sale is…
- All fixtures and fittings
- Stock at the value at the time of takeover (as little as $50k)
- Intellectual property
- Operational website

This business presents a huge opportunity for growth, particularly online, as the website is relatively new and could be expanded further. There is also always potential growth with the number and quality of labels that are carried in-store and online. Labels that are stocked are exclusive to us in the area.

The large cafe' next door also presents an opportunity for events, as they are always willing to host fashion parades and similar. Also, the resort complex is only too willing to host fashion functions in-house and poolside, which is a focal area of the resort.

Situated in the magnificent Crowne Plaza Resort, Terrigal, on the beachfront, main street. The 200 rooms of this stunning Mediterranean and Architecturally designed beachside complex bring in national and international clientele. Terrigal is known as the “Jewell of the Central Coast”, and all facilities are available in this area, with a Golf Course nearby, plus the beach, pools, and walking trails. This location truly is both fantastic for business and also a great location to relocate to, and this business offers a great perspective lifestyle. The lease is in place until 2027 and the landlord is very amicable. Usage for this shop is fashion and accessories which could be either ladies, men's, or a combination of both, as well home and gift wear is permitted, as that is displayed in the very large windows of the store as 'stand-alone' or props for the fashion.

This would suit an owner-operator or partnership with some customer service experience or prior dealings with suppliers. Operating 10 am-5:30 pm every day except Christmas, currently, both directors have the day-to-day running of the business., including sales, merchandising, and purchasing, plus there are 2 very experienced staff members.

This is an exciting opportunity to purchase both a long-standing name that is also well-positioned for further growth, in a stunning lifestyle location!

The prospective purchaser needs to be in a financial position to commit, BEFORE business tax figures are supplied.

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