Lellow Kids

Business Details

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.

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $370,876.00 $7,132.23 $410,901.00$7,901.94 $360,415.00 $6,931.06
Gross Profit $73,999.00 $1,423.06 $160,119.00$3,079.21 $174,671.00 $3,359.06
PEBITDA -30149 $-579.79 $82,508.00$1,586.69 $99,641.00 $1,916.17
Rent $80,638.00 $1,550.73 $54,094.00$1,040.27 $50,048.00 $962.46
Wages and salary $72,137.00 $1,387.25 $77,598.00$1,492.27 $49,243.00 $946.98

Business Summary

Canberra, Australian Capital Territory
Retail - Clothing & Footwear.

The premises are leased.

  •     Lease commenced on: 13 Feb 2018
  •     Lease expires on: 13 Feb 2023
  •     Term of the lease: 5 years
  •     Option: Further Five years (2023-2028)
  •     Bank guarantee: 3-month rent
  •     Base rent: $6,225.60 per month excluding GST
  •     Percentage increase: CPI
  •     Outgoings: No outgoings paid under this lease
  •     Public liability insurance: $20 million
  •     SQM: 103 SQM
Total employee wages for 2017 were $ 72,137.05. Total employee superannuation was $ 4,520.69 in FY 2017. Employees consist of: 1 Manager 2 Store Casual Staff
Monday-9:30am - 3pm Tuesday-9:30am - 5pm Wednesday-9:30am - 5pm Thursday-9:30am - 5pm Friday-9:30am
SME Company

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Sales Summary

Sale Status : New Price

Sale Method : Private Treaty with sav

Investment Amount : $60,000 + SAV

Stock at Value : $50,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605