Mornington Women’s Footwear Store - Prime location $149K + SAV [2604011]
Mornington high exposure location , no nearby competition. This women's fashion footwear store with 40 years of trading history and strong local recognition, first time on the market outside of the family.
Key Highlights:
Mornington location with strong foot traffic
Established 40+ years with excellent local reputation
Consistent revenue history (circa $870K–$1M annually)
Fully fitted retail store with established supplier relationships
Simple, proven business model – ideal for owner-operator
Strong repeat customer base and community presence
Financial Overview:
FY2024 Revenue: approx. $1.0M
FY2025 Revenue: approx. $870K
Opportunity to improve profitability through cost control and buying efficiencies and stronger online presence
Stock (SAV):
Approx. $250,000 in quality retail stock
Well-established product range ready for immediate trade
Lease:
Secure lease in place with favourable terms
Located in a high-exposure retail strip
This is a rare opportunity to step into a well-known retail business with strong foundations, consistent turnover, and significant stock holding already in place. Ideal for someone looking to enter retail with an established brand or expand an existing portfolio.
Current vendor will offer new owner full training, introductions to suppliers and ensure a positive welcome to the local customer database.
Asking Price:
$149,000 + SAV (~$250,000)
For more information and inspection, please contact
Agent: Jennifer
Mobile:
Email:
Office:
Web: www.ngbsm.com.au
****Sales Rep required**** For further information please contact us at
For more details, please email broker or call agents.
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