Step into the world of luxury and craftsmanship with this highly profitable family-run leather goods retailer which has been operating successfully for over 30 years. Perfectly nestled just a 30-minute drive from Canberra in the popular and historic tourist village of Bungendore, this iconic business offers a unique opportunity for someone looking to own a prestigious brand with a solid foundation and promising growth potential.
This esteemed leather goods retailer has been a staple in the community for decades, known for its exceptional quality and diverse range of products. From finely crafted clothing (hats, oilskin coats and vests, and belts), whips, wallets, purses, charming souvenirs, unique novelty items, and much more, there is something for everyone in this extensive collection. The product range has been carefully curated to meet the needs and interests of both locals and tourists, ensuring a steady stream of customers year-round.
The business operates from visually historic premises, drawing in foot traffic from the vibrant tourist village and from passers-by traveling on the main thoroughfare to the NSW South Coast. With ample parking and distinct signage, the location is both convenient and attractive, making it easy for customers to stop by and explore the extensive range of leather goods. The store's inviting atmosphere which also consists of antiques, artefacts, and memorabilia, enhances the shopping experience, encouraging customers to spend more time in the store and make purchases.
Running this business is straightforward thanks to a reliable supplier network that ensures consistent stock availability and quality. The operation is supported by a small team of experienced staff who are passionate about the products and committed to providing outstanding customer service. This, combined with the business's outstanding reputation, has resulted in a loyal customer base that returns time and again for their leather goods needs.
In addition to the physical store, the business boasts a strong online presence that expands its reach far beyond the local area. A well-designed website and online store allows customers to browse and purchase products from anywhere at any time. Coupled with Google advertising and comprehensive direct marketing activities, including print advertising, the brand continues to grow and evolve in an ever-changing retail landscape.
The business's financial health is robust, with impressive profit margins and consistent revenue streams. There is also significant potential for further growth, with opportunities to expand the product range, enhance the online shopping experience, and develop new marketing strategies to attract even more customers.
This is a rare opportunity to acquire a business that combines tradition, quality, and modern retail practices in a thriving market. Whether you are an investor looking to expand your portfolio, or an entrepreneur eager to step into the leather goods industry, this business offers an unparalleled opportunity for success. Don't miss your chance to own this iconic leather legacy in a prime location.
Don't delay making an enquiry to arrange a confidential discussion or an inspection of this business.
Sale Price $550,000 + Stock at Value (SAV)
For more information on this exceptional opportunity, please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au
