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Refer to Broker
Refer to Broker
Business Broker
Melbourne
Currently on offer is a popular bridal accessories and supply store that has been operating for more than 20 years. It has cultivated a solid reputation in the industry that has resulted in impressive online reviews, word-of-mouth referrals from satisfied customers and a great online following.
*$4,500 average weekly takings
*Excellent commercial location
*4.9-star Google rating
*7,300 followers on Facebook, 20,600 followers on Instagram
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring to the market this thriving bridal supplies and accessory store. It has been operating since 2003, supplying brides-to-be with high-quality luxury accessories with unique, quality styles. Products of the business include jewellery, hairpieces and shoes. Those desirous of giving gifts may also purchase gift cards for their intended recipients. Part of the business’s appeal is a custom shoe service, enabling customers to change the length of heels, colours and designs.
The business benefits from good per-customer spending with most brides spending from a range of $300 to $800. Follow-on sales usually follow with mothers of brides and their respective bridal parties. Aside from direct customers, the business receives plenty of referrals from about 30 other businesses in and around the area.
Strategically positioned, the business is located in the heart of its suburb amongst complimenting bridal stores. Having a physical store enables the business to upsell to all customers and showcase its high-quality items to everybody who enters the premises.
There is great potential for the business to improve revenue by expanding its shoe line and developing its eCommerce platform. The business may also attend more bridal fairs to reach clients directly and collaborate with suppliers and designers.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: ME02885
Broker: Nouha Mohtadi
Phone: 061 411 755 568
Email: nouha.mohtadi@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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