Lifestyle retail 4 days trading excellent location plenty of growth potential Est 23 Years
Lifestyle retail 4 days trading excellent location plenty of growth potential Est 23 Years
Industry :
RetailSub Industry :
Clothing/AccessoriesAn outstanding opportunity to acquire a well-established bridal and formalwear business, operating successfully since 2003 and offered for sale for the first time.
The current owner has built a strong foundation and is now selling the business at an affordable entry price, making this an ideal opportunity for a new owner to step in and continue its success.
The business specialises in exclusive labels bridal gowns, bridesmaids, formal wear, and accessories, and has developed a strong reputation for quality and service.
With new energy and fresh ideas, there is clear potential to further grow the business. A targeted digital marketing campaign could significantly enhance the online presence and drive additional demand.
The business is currently operated by the owner with the support of experienced staff, and full handover and training will be provided to ensure a smooth transition.
Alterations form a substantial and profitable part of the business, with customers travelling from across Tasmania for wedding gowns and tailoring services. The brand also benefits from an excellent social media following and outstanding customer reviews.
Trading Wednesday to Saturday, the business offers an attractive work-life balance rarely found in retail.
Located on the ground floor of Hotel Grand Chancellor Launceston, it gets plenty of spotlight from tourists and visitors alike.
If you are seeking a respected brand, lifestyle flexibility, and strong potential for future growth and expansion, this opportunity deserves your attention.
Enquire today to receive a confidentiality agreement and further details.
Please contact Paul Scott on 0477 771 098 or Praveen Pant on 0432 256 682 email: pauls@businessbrokersnetwork.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.
Queensland
Australia
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$99,000 +sav
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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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