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Listing Id: 33848 Last Refreshed: 07/11/2024 Total Views: 4 Broker Ref: 22152

Exciting Opportunity Adelaide's Leading Designer Dress Hire Studio

Adelaide, South AustraliaService
Asking Price: $52,500
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Large selection of designer cocktail dresses, formal dresses and occasion wear.

In a society where clients want variety, the dress hire industry is booming. Previously only for black tie dinners and Balls, the hire industry has grown to occasion wear, birthday parties, get-togethers, wedding outfits, baby showers, school formals & even day dresses.
A maternity range and corporate wear could be added to this already profitable business as well as designer handbags as HIRING is the future!

Stunning studio with oodles of natural light flooding into this busy designer dress hire business. The latest labels and designers all hang together in colours of the rainbow from bright to demure in sizes for 4-16, so something to suit all tastes!
Low staff with 2-3 stylists, there could even be additional opportunities for make-up artists and photographers!

Key Considerations
- Bespoke fit out in a beautiful designer dress studio
- Rent is $772.66 per week + GST
- Lease runs until 9th January 2025 + 3 x right of renewal of 2 years each
- Staffed by Store Manager, (f/t) + 2 Stylists ( both p/t)
- Sales $331,218 (2023)
- Open 6 days a week

Price $52,500 + Stock at Valuation (approx. $72,500)

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/UhvoJSzRX9fztamG9
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