Discover an incredible opportunity to own Grey and Felt, a stylish and sophisticated retail boutique nestled in the bustling heart of Sandy Bay. Renowned for its exclusive range of luxurious homewares, fashion, and lifestyle products, this well-established business has become a destination for discerning shoppers and gift-seekers.
Why this Business: - Prime Location: Situated in one of Hobart's most affluent areas, the store enjoys high foot traffic and loyal patronage. - Exclusive Products: Features a handpicked selection of premium brands like Marimekko, Maison Balzac, and Kowtow Clothing, many exclusive to Tasmania. - Flexible Ownership: The owner works only one or two days a week, making this perfect for a lifestyle buyer or someone looking to scale. - Proven Financial Success: Consistent earnings with a 3-year average profit of $85,096 for a non-working owner.
Exciting Growth Potential - Expand Online: Tap into e-commerce by launching an online store to complement the existing loyal local customer base. - Marketing Magic: Leverage social media platforms for increased visibility and engagement. - Innovative Events: Host exclusive shopping nights or workshops to foster community connections and boost sales.
Key Highlights - Sales: (2024): $367,887 (2023): $433,837 - Non-Working Owners Earnings (2024): $77,031 (2023): $76,667 - Lease: Secure lease with options for continuity. - Low Owner Involvement: Supported by a skilled and dedicated team. - Prestige and Charm: A curated shopping experience in a vibrant, thriving community.
Price: Business $85,000 + SAV (approx. $80,000) Total Investment $165,000 Don't miss this rare opportunity to own a beloved local boutique with immense untapped potential. Whether you're an entrepreneur, investor, or lifestyle buyer, Grey and Felt offers a unique chance to blend passion with profit.
A detailed information memorandum is available to interested parties by completing our confidentiality agreement, use this link - https://form-morgan-business.web.app/form/S8jI4Zm0YoGs9FlX5Lpz
All listings, including descriptions, data, and images, are provided by the seller or their representatives. We do not verify the accuracy, completeness, or authenticity of any information and offer no guarantees or warranties.
Any disputes, claims, or decisions arising from the information provided in listings are solely between buyers and sellers.
Singapore
