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Shop & Retail business for sale in Darwin City

  • Shop & Retail
  • Darwin City NT 0800
  • Contact Agent

Dive into the glam world of fashion & lingerie? It's all yours for the taking!

***Updated***

Have you ever dreamed of diving into the glamorous world of lingerie and high-end fashion? Well, your golden ticket has arrived! The iconic Sarah Lyn Lingerie & Fashion Boutique is up for grabs, with the owner set to soon retire after a successful 25-year reign.

The new owner gets the keys to a profitable business that monopolises the mid to high-end lingerie market and holds exclusive rights to many Australian and international fashion labels. Boasting approximately 15,000 customers in its database, the business also enjoys a growing loyal clientele base.

Sarah Lyn boasts an exclusive lineup of labels like Joseph Ribkoff, Sacha Drake, and Philosophy. It retails garments from casual jeans to elegant gowns for special occasions - and everything in between, with sizes 8 to 24. The boutique is also the only non-franchised lingerie store in the Northern Territory. It has exclusive rights to Simone Perele and Prima Donna and specialises in women with larger busts. Its range includes every day, maternity, sports, wire-free and designer with sizes up to a 'M' cup. It's the one-stop shop for discerning fashion lovers across Australia!

Situated in tropical Darwin - the vibrant and thriving gateway to Asia - Sarah Lyn shines with its prime location. The new owner would enjoy the relaxed and vibrant lifestyle, multiculturalism, fantastic restaurants, outdoor markets and the city's proximity to unique natural wonders and wildlife. They could capitalise on the business resulting from tourism, particularly cruise ships as it is a stopover for many to SE Asia, the Outback and the rest of Australia. Darwin is home to one of the country's largest military bases, and mining and industry FIFOs also often use it as a base for themselves and their families.

The boutique has a stylish, elegant fit-out, spacious premises, and a well-established online and community presence. Not to mention - a seamless handover process, introductions to VIP customers and industry contacts, and buying trips - are all part of the package. This is a once-in-a-lifetime opportunity - if there was ever the time to make a stylish splash in the glamourous world of lingerie and fashion - it's now!

But let's get down to the nuts and bolts and talk business.

* High exposure and a large 480 square metre retail site with a prominent floor-to-ceiling glass shopfront. Excellent rental.
* Professional and noticeable signage on windows, interiors, and roadside A-frames. There is ample free off-street parking at the rear and the plaza is popular with a successful gym and a homemaker plaza next door.
* Monopoly on the mid to high-end lingerie market. Sarah Lyn is the only non-franchised lingerie shop in the Northern Territory. Free specialist bra fitting service including larger breasts (sizes A to M cup) and post-surgery.
* 25+ years of trading history and expansion by one owner. Loyal long-term return customers from Darwin, Katherine, Alice Springs, Kununurra, and Adelaide.
* Solid sales, repeat business plus room for growth.
* Custom-designed fit-out by specialist tradespeople. Stylish, elegant fit-out with sparkling chandeliers and chic decor, and it's big enough to rival a mini department store floor. There's nothing more to spend.
* Low staffing requirements to operate. Currently operates seven days a week with limited hours on Sundays and public holidays.
* Training and handover for up to three months including personal introductions and buying trips.
* Strong community presence and highly effective marketing, TVCs and social media in place. Professional and user-friendly website. High profile and excellent reputation. TVCs have brought in a lot of trade with tourists and passengers on cruise ships.

The Phone Code for this property is: 71877. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Business Highlights

Business ID2017793728
Floor AreaAsk Business Broker
Category
Last updated  19 Aug 2024
Map for Darwin City NT 0800
Map for Darwin City NT 0800Darwin City NT 0800
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Business Highlights

Business ID2017793728
Floor AreaAsk Business Broker
Category
Last updated  19 Aug 2024

Listed by

For Sale By Owner
For Sale By Owner Australia
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0488 847 018

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