Established Women’s Footwear Store – Prime Mornington Location  | $149K + SAV [2604011]

An exceptional opportunity to acquire a long-standing women’s footwear retail business in the heart of Mornington.

With over 40 years of trading history and strong local recognition, this business has built a loyal and repeat customer base and continues to deliver consistent turnover.

Key Highlights:

- Prime Main Street 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

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

Why This Business Stands Out:

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.

Asking Price:

$149,000 + SAV (~$250,000)

For more information and inspection, please contact
Agent: Jennifer
Mobile:

Email:
Office:

Web: www.ngbsm.com.au

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Property Code: 1876

For more details, please email broker or call agents.