Gallery & Retail Space - Dual Premises For Creative Workshops
Gallery & Retail Space - Dual Premises For Creative Workshops
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About the business
The Phone Code for this property is: 39391. Please quote this number when phoning or texting.
Summary
A fantastic opportunity to own an established well regarded arts, gift & clothing boutique business with excellent room for growth. Established in 2017 and expanded in 2019 to incorporate neighbouring larger premises. Turnover has doubled year on year since its establishment and we are looking for a new owner who can capitalise on this growth and make it their own. Beautiful historic courtyard location surrounded by well-established businesses. Easy customer parking and 3 minutes walk from the nearest train station.
About the business:
Low rent/outgoings in a sort after location where shops rarely become available.
The business has planning permission from the City of Swan & landlord to have a coffee machine if desired.
The space consists of 2 retail spaces with an interconnecting door. Space is currently open plan but there is an opportunity to sublet one of the spaces or turn it into a workshop space.
Business is in its 6th year of trading and buyer can purchase and trade immediately.
Business is currently set up as a partnership but it can be run as a collective with a group of like-minded people to grow it and share the load.
Huge opportunity to grow the business and service offerings.
All fixtures, fittings and display furniture are included in the sale along with:
Wholesale stock | NB: A portion of our stock is consigned items these may be included upon discussion with the consignee.
Established social media accounts PLUS groups.
Website including online shop
Square set up & POS hardware
All Mailing lists
Meetup Group
Wholesale accounts - Clothes/Homewares/Art Supplies
Consignee contacts - Hand selected and reliable
If you're looking for a business that you can buy and start trading on the day of settlement, this is it!
Sale Price $120k ONO WIWO
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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$120,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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