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$725,135
$1,973,999
Are you a dedicated fashion connoisseur seeking an exciting new venture? Victor Mellick, an esteemed name in the men's fashion world, known for its curated selection of exclusive labels, is now available for new ownership.
Located in the heart of Cairns City, this well-established and successful fashion destination 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.
Business Highlights:
* Increasing turnover year on year
* Potential investment opportunity with a well-established management structure in place
* A renowned brand in Men’s Fashion that has been operating for many decades
* Central location and great shop front visibility
* Loyal base of repeat customers from all over Australia
* Fully trained staff with years of experience who love what they do
* Plenty of opportunities for growth of the business
Key Financial Information:
2 year average Revenue: $1,940,000
2 years average PEBITDA: $625,000
Asking Price: $1,200,000 plus SAV
Business Broker: Marc Janssen
Our Reference: SC00559
To learn more about this unique opportunity and receive the Information Memorandum, please complete a quick online confidentiality agreement by clicking the navy ENQUIRE NOW button on LINK's website.
Keywords: Far North Queensland, Coast, City Centre, Icon, Shop, Retail, Fashion, Tailor, Clothes, Outfit, Attire, Suit, Specialist, Wedding, Formal
Ref: SC00559
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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