For Sale > Shoe Store - Shop - Fashion Accessories

Business For Sale Rockhampton Qld
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Self Employment Opportunity. Be Your Own Boss !

Price: $265,000
Status: FOR SALE
Address: ROCKHAMPTON, 4700, QLD
Bathrooms: 2
Land Size: 304 House Size: 304

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Business For Sale Queensland

The profitable and successful buiness is now for sale. It has a proven sales record and upward growth trends. The buisness is for sale for $265,000, which includes fixtures and fittings, and goodwill. The cost of the stock is additional to this price. A portion of the stock which is currently on the sale tables will be excluded from the stock cost.

Shoes on East was established in 2004 and is the largest independently owned shoe shop in Central Qld. It is located in the middle of the CBD, outside the flood zone. Shoes on East stocks a large range of women's shoes from fashion to work to comfort to orthotic taking. The shop also stocks an extensive range of hand bags, evening bags, hats and fascinators, jewellery and scarves.

The premises are 2 stories in height, with the ground floor area used for sales, storage and amenities, and the upper floor used for overflow storage. There are around 304m2 in total on the ground floor. Currently, approx. 113m2 is used for sales purposes and approx. 87m2 is used for storage purposes. In the remaining space (approx. 104m2) there is a (recently renovated) kitchen, an office, male and female toilets, and a loading/unloading dock.

The shop fixtures and fittings are all in good order. The shop was fitted out professionally by a local builder, with attention to detail. The leather furniture has also been recently re-upholstered and appears as new.

The lease for Shoes on East is currently valid until 3rd August 2012, with a further 3 year option available. The current rent is $32,427.60 per annum and is subject to a CPI increase each year, capped at 5%.

In the 6 years that the business has been in operation, the business has grown significantly in terms of sales, every financial year. Even through the global financial crisis and the opening of competitors, the business has continued to grow. It has proven to be a robust business with a strong and reliable customer base. This strong and reliable customer base can, amongst other things, be attributed to the diversity of stock available and the 'old fashioned' customer service provided in store.

Rockhampton is located in a growing region, constantly attracting new residents, primarily due to its proximity to the coalfields.

A prospectus including financial information is available on request.

Contact Details For This Business (AD ID: A6865)

Status: FOR SALE
Asking Price: $265,000
Contact: debbie brine
Telephone: 0749220377
Mobile: 0418717314
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