Canberra City ACT 2601
$480,000.00

DESCRIPTION

Phone enquiries - please quote property ID 33871.

Iconic Retail Leather Store with excellent profits and growth.
This thriving retail business is nestled in the heart of Bungendore. It’s more than just a store - it's a cherished local landmark with a rich history and devoted following for over 30 years. With its unparalleled selection of leather, skins and furs, this store captivates customers and is a must-visit destination for both locals and tourists alike.
No experience is required -just a passion for leather. The well-branded products practically sell themselves, sourced from reliable suppliers offering rare and sought-after items.
Why This Business Stands Out:
* Key tourist route, attracting a steady flow of customers year-round.
* A legacy with decades of success, a symbol of quality and tradition, deeply rooted in the community's heritage.
* Impressive Growth: A booming business, a remarkable 46.21% revenue increase in 22/23, with further increases in 24/25.
* Unmatched variety of premium leather products, including hard-to-find items that draw enthusiasts from far and wide.
* Long-standing partnerships with top-tier Australian and international leather brands.
* Strong repeat clients and high referral rates
* Strong, established online store, well-optimised SEO, and active social media channels to reach an even wider audience.
* Established systems and processes ensuring easy transition.
* Unique Premises: The leased property, filled with fascinating artefacts and antiques, adds to the store's allure as a tourist hotspot.
* Unrivalled Reputation: Known far and wide for its high-quality products
* Growth Potential: Unlock numerous opportunities for expansion and market reach in this flourishing industry.
* Balanced Lifestyle Business: Enjoy the benefits of running a successful business, which includes overseas travel/buying trips & flexible work hours, while embracing the supportive and vibrant community of Bungendore.
Note: Stock will be sold at valuation.
Artefacts and antiques included in price.
A home-based leathercraft workshop and equipment are available.
Information Memorandum was available for due diligence.
An opportunity not to be missed. Enquire today.
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