TWO RETAIL OUTLETS!

A LITTLE BIT ABOUT THE BUSINESS

This business commenced trading in Adelaide in the year 2000. Opening retail outlets in two major Adelaide malls.

The first store in the northern suburbs was purchased from the previous owner who operated as a ladies clothing store. The owners refitted the shop and improved it to its current state. They negotiated a 5+5 year lease on excellent rental terms and currently the shop retails ladies and some men’s wear as there is no competitor in the centre.

The location has adjacent to it one of the busiest retailers in South Australia trading 8am-9pm every night plus Sunday trade. The vendors do not trade Sunday although there is room for extra trade in this location.

The City store operates as a clearance centre and is located in the basement of one of the prime centrally located shopping centers in the Adelaide CBD. Currently it is trading in its fourth year of operation, in the first year the business traded upstairs then the opportunity opened to take over the basement which offers a more expansive area with room for extension and improvement.

 

 

STAFF

Northern Suburbs Store

1 Full Time Sales Assistant working 41 hours per week.

1 Part Time Sales Assistant working 13 hours per week.

 

City Store

1 Full time proprietor working 50 hours per week.

1 Full time casual sales assistant.

TRADING HOURS

Northern Suburbs Store

Monday to Wednesday

9am to 5.30pm

Thursday

9am to 9pm

Friday

9am to 5.30pm

Saturday

9am to 5pm

 

City Store

Monday, Tuesday, Wednesday, Thursday

7.30am to 5.30pm

Friday

7.30am to 8pm

Saturday

7.30am to 5pm

LEASE

The current rent for the Northern Suburbs store is $2,360.37 per month.

The current rent for the City store is $3,248.85 per month.

 

PRICE

The asking price for this business incorporating both outlets is $150,000 plus $60,000-$90,000 Stock at Valuation.

 

 

Presented by

JAMES CARR - DIRECTOR - MOBILE: 0414 601 414