A brilliant opportunity to buy an established, profitable and progressive surf/ lifestyle store.
This successful store has been established for over 20 years, with the current owners purchasing the business 4 years ago.
In this time the store has been meticulously renovated. The current owners have secured cult Australian lifestyle surf and fashion brands that have a huge following. This has increased both turnover and margins.
The business consists of a retail store, it is the only surf store in Coogee. The store is set over 2 levels and is beautifully presented. It is set among busy cafes, restaurants & boutiques with high foot traffic and reliable repeat clientele.
The current owners have also invested in ecommerce (yet to be launched, huge potential for growth) and social media platforms. A cloud based POS and inventory control system is included in the sale. Rent is well priced for the busy strip.
The well known position, modern fit out, sought after brands and option for a long lease lays the platform for an exciting future – invest and have staff run the business for you or be your own boss! It's a great lifestyle opportunity.
Current turnover is approx $800k P.A