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Commercial, For Sale, Business, Retail, Blackheath, New South Wales

EMAIL TO A FRIEND
38-42 Govetts Leap Rd Blackheath NSW

RAVIR BOUTIQUE NOW FOR SALE – WELL ESTABLISHED WITH LARGE QUALITY CLIENT BASE

This quality business offers the new owner a well established boutique fashion store with a reputation second to none.    WHAT RAVIR BOUTIQUE HAS TO OFFER Ravir is a well-established business with many regular customers from Sydney and western NSW, as well strong local support. It has an established name and great reputation for quality clothing and accessories for women and men at reasonable prices.   WHAT MAKES RAVIR WORK? Niche marketing strategies in place making Ravir a clothing shop with a difference Continuous advertising and marketing to keep Ravir’s profile before the public Quality fashion brands from Australia, New Zealand, US and Europe (Italy, France and Greece)  - a nice alternative to what’s on offer elsewhere Good relationships with suppliers – many labels with established ex

This quality business offers the new owner a well established boutique fashion store with a reputation second to none. 

 

WHAT RAVIR BOUTIQUE HAS TO OFFER

Ravir is a well-established business with many regular customers from Sydney and western NSW, as well strong local support. It has an established name and great reputation for quality clothing and accessories for women and men at reasonable prices.

 

WHAT MAKES RAVIR WORK?

Niche marketing strategies in place making Ravir a clothing shop with a difference

Continuous advertising and marketing to keep Ravir’s profile before the public

Quality fashion brands from Australia, New Zealand, US and Europe (Italy, France and Greece)  - a nice alternative to what’s on offer elsewhere

Good relationships with suppliers – many labels with established exclusivity in the upper mountains

Customer database with more than 3000 contacts, and VIP loyalty program, which helps track customer sales, favourite labels, etc. The database has great potential for improving sales, by sending targeted customer alerts when a favourite brand or style comes in.

Customers can be contacted via email or text about special events and promotions.

Comprehensive online database, with all products barcoded to help track sales and monitor stock losses. This helps keep track of stock in hand, and in setting budgets for the following season.

Computer and POS which are synchronised to ensure transactions are processed quickly

Active E-commerce website and social media profiles to showcase the new stock in store

Strong relationship with the local community, including Rotary, the Chamber of Commerce, local choirs,  golf club, schools etc.  Ravir has held regular fashion parades to raise funds for local groups including RFS, MS Society, the Blackheath Choir and Rotary. Ravir also donates a significant amount of clothing at the end of each season to Blue Mountains Cancer Wellness.

 

OTHER FACTORS

  • Well-maintained shop interior with quality fittings throughout to make the most of a beautiful building with its high ceilings, casement windows and timber floors
  • Air conditioning (heating and cooling), and back-up gas heating for winter
  • Low energy lighting to reduce electricity usage
  • Video surveillance and back-to-base alarm covering shop and storeroom to protect against theft or break-ins
  • An established back-up team of service contractors to help deal with computer, security issues, etc.
  • New signage to raise Ravir’s profile as a quality shopping destination
  • Long lease – currently 3 years with option to renew for a further 8 years (4/4/4), including onsite storage room recently added
  • Favourable lease terms – reasonable rent with annual CPI increase, no rent reviews for the duration of the lease
  • Good premises for a fashion boutique
  • Up-to-date financials, showing Ravir’s steady growth and performance over the past 10 years
  • The advertised price does not include Stock.  Stock will be sold at valuation
  • Current owner moving to semi-retirement, and prepared to support new owner by way of training and working in the shop as needed.
  • The price does not include stock which will be sold at valuation.

 

IN SUMMARY:

Ravir is situated in a part of the Blue Mountains which is experiencing unprecedented growth. Demand for housing has been very strong in the past few years, as people move here from Sydney and elsewhere to enjoy the peace and quiet and the sense of community. This influx has encouraged the shopping precinct to expand and develop, with great fashion, food, books and art in an unspoilt village atmosphere. Ravir has grown along with the town, and is very much part and parcel of a place often quoted as the pick of the Mountains, and a very desirable place to live.

The demographics for quality fashion garments is very high in this region. A new owner prepared to continue the tradition - by stocking quality clothing, looking after VIPs, and ensuring customers feel welcome and at ease - can only continue to do well in the business.

This ready-made business has everything here to continue in its success with potential for further growth.  Ideally suited to those who enjoy the fashion industry, or wish to be a part of it.   Also suited to any existing fashion businesses/stores that wish to expand into this good location, utilising the existing branding of this business.

 

Property Detail

Property ID:

18238

Type:

Commercial

240
Address:

38-42 Govetts Leap Rd Blackheath NSW

Contact The Owner

Raelene
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