Due to the impending retirement of the current owners, an opportunity to step into one of Canberra's most cherished gifts and homewares stores has become available. Proudly serving the community and tourists alike for over 30 years and nestled in an excellent location in the heart of Canberra, this business benefits from high foot traffic being just a stone's throw away from many of the capital city's iconic tourist attractions and popular cafes. This prime location ensures a steady stream of both local and tourist clientele making it an excellent investment.
This well-established store has built a remarkable reputation for offering unique and hard-to-find gifts and homewares, making it a go-to destination for those seeking distinctive items. The store's extensive selection caters to a diverse range of tastes and preferences ensuring there is something for everyone. From bespoke home decor to rare and exotic gifts, customers are guaranteed to find something special.
One of the standout features of this business is its large and loyal customer base. Over the years, the shop has cultivated strong relationships with returning customers who appreciate the high-quality products and exceptional customer service. The store is pivotal in the local community, offering a personalised shopping experience that keeps customers coming back time and time again.
The physical location is surrounded by a constantly growing residential area promising a continuous inflow of new customers and increased foot traffic. This demographic growth enhances the business's potential for expansion and increased sales.
Financially, the business is on solid ground with consistent revenue streams and profitability. The new owner will benefit from the existing operational systems and can further the business's growth with innovative ideas and strategies such as creating an online presence showcasing the store's unique offerings and facilitating online sales. Coupled with an effective and consistent advertising strategy this could drive substantial additional revenue and brand recognition.
Key Highlights:
- Over 30 years of successful trading history
- Prime location in Canberra near key tourist attractions and popular cafes
- Unique and hard-to-find gifts and homewares
- Large and loyal customer base with ongoing repeat business
- Surrounded by a growing residential area boosting potential customer base
- Turn-key operation with established systems in place
- Best suited to an owner-operator
This is a rare opportunity to acquire a highly respected and profitable business. Whether you are an experienced business owner or looking to step into an established and well-loved community store, this gifts and homewares store presents a fantastic opportunity.
Don't miss out on this chance to own a piece of Canberra's retail history with unlimited growth potential.
Sale Price $95,000 + SAV (Stock at Value)
For more information about this great opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au
