We are excited to offer Lellow Kids to those aspiring to own their own retail store in what is arguably Canberra's emerging retail precinct - Lonsdale Street Braddon.
The boutique was created in 2011 to fill a need in the children's retail market for kids aged 0–14. The business succeeded in serving thousands of Canberra families in that time.
However, the owner and creator, Loretta, who invests about 5 hours per week, wishes to move on; and she is hoping that the new owner can continue the success.
Ideally, the new owner will want to continue with similar model and profit from the hundreds of thousands invested in the fit-out, in the website, and in building the brand and loyal customer base that continue to come back time and time again.
A manager and small pool casual staff are in place, and they are overseeing the business on a day to basis.
The stunning fit-out is offered clear title—meaning you will own it outright—if you wish to relocate your business idea there, subject to landlord approval. You can take ownership at a fraction of the price you would otherwise need to invest.
The business has consistently generated between $350 and $400 thousand per annum in sales.
Rent is very reasonable for the premium location the business secures.
Most importantly, we have a seller who is committed to achieving a result with the sale, is keen for the incoming owner to succeed, and is willing to meet the market.
|Reporting Period||2017||Weekly Average||2016||Weekly Average||2015||Weekly Average|
|Wages and salary||$72,137.00||$1,387.25||$77,598.00||$1,492.27||$49,243.00||$946.98|
The premises are leased.
Sale Status : New Price
Sale Method : Private Treaty with sav
Investment Amount : $60,000 + SAV
Stock at Value : $50,000.00
Finance Options :
1300 793 690
0400 446 605