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Well Known Gift Shop

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Business Type
Retail & Wholesale - Various
Business Heading
Well Known Gift Shop
Suburb / State
Mornington 3931 VIC
Description

Latessa Business Sales is delighted to present to you this very interesting and thought provoking acquisition opportunity - "Page 8".

Situated in Main Street, Mornington, Page 8 is a retailer positioned in an enviable commercial position at the heart of the thriving suburb of Mornington - the gateway to the Mornington Peninsula.
The business is run fully under management. Indeed, this is an interesting point that must be explored prior to any other information being analyzed.
It is interesting to note that, as the business was launched in 2014-15, it immediately generated sales in excess of $800K. These sales later dropped to a level of $600K-650K.
The business is very highly stocked at about $100,000, but reduced in Winter.
The business has a reputation as being the very best gift shop of its range on the Peninsula. It is quite well known and some of its customers travel great distances to purchase its products. It stocks the most desirable products including exclusive lines.
The premises is sub-leased, has storage facilities and two carparks.
 

 

 

Price
$80,000.00
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