08 8361 3074

Luxury Boutique Retailer

Sold

Business Description

Located in the sought after inner-southern suburbs of Adelaide, this boutique retailer of designer homewares has been trading since 2017. Advantageously located 10 minutes from the city in a much loved and long standing shopping centre, the store isn't short of active foot traffic. The centre also houses two large supermarkets, cafes, speciality food stores, a number of other retail outlets and even a cinema, which keeps shopaholics and movie-goers coming back.

This homewares retailer is the dream business for those who want to be their own boss, while having the flexibility of choosing their working hours for when best suits their needs. If you have an eye for design, love to add a touch of finesse to your day and have a special knack for customer interaction, this business is the perfect venture for you.

 

At a Glance

  • Prime shopping centre location
  • Flexible working hours
  • 10 minutes south of the CBD
  • Trading 7 days per week
  • 2 casual staff members

Extended Price Information

Goodwill including Plant & Equipment $69,000
Stock at valuation (approx) $100,000
$169,000

Staff Summary

The vendor works within the business 25 hours per week on average with the assistance of two casual staff.

Lease Summary

Current Rent $67,000 per annum + GST
Lease Commencement Date of Settlement
Lease Term 3 years
Right of Renewal 1 x 3 years
Outgoings Paid by tenant