Between

Prospective Purchaser*

Of Address*

Suburb*

Postcode*

Email Address*

Phone Number*

&

Absolute Business Brokers
Phone No: 03 9566 7300
Address: Unit 7/18-22 Lexia Place Mulgrave VIC 3170

Businesses Of Interest*

Terms & Conditions

WHEREBY IT IS AGREED

The Recipient promises to keep all confidential information of the Vendor, disclosed to the Recipient by the Vendor, associates or employees of the Vendor, Absolute Business Brokers Pty Ltd (ABN 21 154 206 407) (Absolute) or its employees (the Discloser), strictly confidential and acknowledges the potential damage to the Vendor and it's business and/or any Discloser of a breach of confidentiality

The Recipient further undertakes to, and agrees with, the Vendor, Absolute and any other Discloser:

not to communicate directly or indirectly any information regarding the Recipient's interest in the Business with anyone (including any employees, customers or suppliers of the Business);
to use the confidential information solely for the purpose of evaluating the opportunity to purchase the Business from the Vendor and for no other purpose;
not to disclose the confidential information other than to professional advisors, directors of employees of the Recipient who have agreed to be bound by this Confidentiality Agreement (by signing a document substantially in this form) and who similarly undertake to maintain the strict security and confidentiality of the confidential information; and
to return all confidential information and related notes and copies upon request by the Vendor or Absolute to the Discloser.

The Recipient makes this undertaking in favour of the Vendor and Absolute, and further acknowledges that in the event of the Recipient purchasing the said business, whether as an individual, company, trust or a partnership privately, through another agent or any other source, the Recipient agrees to compensate Absolute for any damages and loss of commission which would have otherwise been paid to Absolute upon settlement of the purchase of the Business.

The Recipient acknowledges and agrees that Absolute or its representatives will not be held responsible for any inaccuracies or incomplete information regarding the lease details, weekly average takings, trial takings, purchases, rental expenses, employees, wages and any other information relating to the business.

Such information is subject to the Recipient receiving a statement by the Vendor of a small business and a copy of the lease document The Recipient acknowledges and agrees that acceptance of the confidential information or signing this document constitutes acceptance of this disclaimer Notices under this document must be in writing and may be sent by post, delivery or facsimile to the address noted above.

This document is governed by and construed in accordance with the Laws of Victoria, Australia, and the parties submit to the jurisdiction of the courts of Victoria, Australia and courts competent to hear appeals therefrom.

I Agree to the terms & conditions of use.

What is ?

For Sale Expressions of Interest

Gifts and Homewares Business for Sale

With a main road location that enjoys plenty of passing foot and vehicle traffic daily, this retail lifestyle boutique business is run entirely under management by experienced staff.

Selling a wide range of carefully curated and unique gifts, beautiful homewares, gorgeous fashion and fashion accessories in a beautifully presented shop, this is an easy business to run and would benefit from a hands on owner/operator as you could save the wages of one or more staff members and pocket more of the profits.

This retail business has built good relationships with leading brand names and well known suppliers who carefully select their stockists and do not just supply to anyone. As a result the business has built an excellent reputation in the area and with its loyal customer base for offering excellent product at affordable prices.

The short trading hours, 6 days of the week, also add to the ease of operation by an owner/operator. There is opportunity to extend the trading hours if the new owner chooses.

Averaging a turnover of approx. $7,000 per week with rent of $3,862 per month and lease of 3x3 which commenced in June 2023.

This business does not have its own online store, so there is loads of potential for a new owner to implement online shopping, using an existing Domain name and also to further promote the business through social media.

Only available on the market due to the current owners wish to retire, this lifestyle boutique makes an ideal business for an owner/operator who wishes to capitalize on the goodwill of this business built up over the years, use the opportunity to build on its enormous potential for growth, and is open to a new owner putting their own flair and personality to the business.

For more information or to book an inspection contact Elle Likopoulos on 03 9566 7300.

Ref: B14575

Agents

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