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$725,135
$1,973,999
Are you a passionate fashion enthusiast looking for a new challenge? Boasting an impressive range of unique fashion labels, this iconic boutique is ready for new ownership!
Located in a prime location in tropical Far North Queensland, this well-established and successful retailer provides a steadfast clientele, a committed staff team, and the potential for continuing growth in line with the region. The owner is ready to retire and pass on his passion to an enthusiastic fashion lover who understands the importance of a tailored experience and good, old-fashioned customer service.
Highlights:
* Increased turnover year after year
* Business going from strength to strength even during Covid
* Very well established – operating for many decades
* Central location and excellent shop front visibility
* Loyal base of repeat customers from all over Australia
* Fully trained staff with years of experience who are willing to stay
* Plenty of opportunity to grow the business
Key Financial Information:
2023 Revenue: $1,973,999
2023 PEBITDA: $725,135
Asking Price: $1,499,000 plus SAV
Approx. Stock Value: $700,000
Business Broker: Marc Janssen
Our Reference: NQ00060
To discover more about this opportunity and receive a full Information Memorandum, fill in a confidentiality agreement by clicking the navy ENQUIRE NOW button at: linkbusiness.com.au/NQ00060.
Keywords: Far North Queensland, Coast, City Centre, Icon, Shop, Retail, Fashion, Tailor, Clothes, Outfit, Attire, Suit, Specialist, Wedding, Formal
Ref: NQ00060
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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