Summary: an exciting opportunity exists to own a "3 Wishes" store full of our locally handcrafted products such as scented soy candles, bath, body, and wellness products located in a prime position of a major bustling suburban Shopping Centre.
Revenue: $8,142 pw
Rent: $2,115 pw
Expenses: $3,500 pw
Net Profit: $2,527 pw
Potential:
This unique and established brand "3 Wishes", has enormous potential for growth showing a strong growth trend in the past 2 years since its opening. A regretful sale due to family circumstances, the current owners will agree to continue to supply the "3 Wishes" range of products at factory prices to the new owners under a new store name chosen by the new owners! A truly exciting opportunity to make your mark with an already established business in a box without the uncertanties of starting up from scratch! A unique opportunity!
Skills:
The skills required to run the "3 Wishes" store at the shopping centre include but not limited to; *willing to be trained by current owners with proven sales process,*ability to follow the merchandising guidelines provided by the owners, *ability to follow the professional marketing plan provided by the owners, *be able to deliver great customer service and engage customers to experience the "3 wishes" products in store. Current owners willing to be available for sales training and assistance with any business matters for 6 months (conditions apply)
Trading Hours:
The Store is open Monday to Friday 9am - 5.30pm, Thursday 9am - 9pm, Saturday 9am - 5pm & Sunday 9am - 5pm.
Lease:
The current lease is 5 years and currently has 3 years left with a possibility of renewal.
Employees
The business would suit a couple or individual who are willing to work in the business and continue to build on what has already been established. Current employees would be willing to continue with new owners if needed.
Reason for Sale:
"Family reasons".Reduced price for quick sale! The owner has another store in Hahndorf along with the factory that produces all the products to service both shops. The owner would love to keep the store but realise taking on 2 retail shops plus our factory has been a big commitment and would love to give another ambitious business owner the opportunity to own a successful local SA brand that has been running for over 14 years with a loyal customer following.
About the Business:
"3 Wishes" has been established since 2009. The beautiful highly fragrances soy candles in a large variety of scents such as foodie, floral, fruity and earthy as well as seasonal and limited edition fragrances released on special occasions which are all designed by our local perfumer in Adelaide. The owner designs the most popular and trending scents to keep things new and exciting for their customers. In recent years the owner has developed its own bath, body and wellness range of products working with own chemist to develop the most naturally plant based and organic luxurious skincare that has been a hit with royal customers Australia wide. Now the customers can experience their same favourite scents in luxurious body and pampering products and out candle, bath, body collections are very popular now and make the perfect gifting option. All "3 Wishes" products are made with love by the village artisans in Hahndorf using the most natural ingredients which is a unique niche and a huge point of difference from other competitors. The loyal customer base that the vendor has built up over 14 years mainly appealing to the female demographic mainly as well as more and more males from the age group of 14- 69 years approx.
This business opportunity is unique in the sense it is an business in a box ready to be taken over by the right people who are passionate about selling a local handcrafted brand and passionate about providing a unique local product to the market. The business is established with a strong and reputable brand behind it (Please check online reviews) which is loved by many locals and Australians nation wide. There is plenty of room to make this business your own and build on what the owner has accomplished so far, by bringing in your own range of products within the approved groups of products for the store ie - gifting products , candle accessories, bath, body products etc ( the owner can offer the names of all suppliers and product lines) or you can simply visit the Melbourne and Sydney gift fairs to select your very own products lines that would be suitable for the store to either compliment 3 wishes products with a mix or whatever you choose. There is an opportunity to really put your own stamp on this beautiful store and come up with an impacting name of your own as the "3 wishes" name is trademarked so will need to be changed.
History
"3 Wishes" has been established since 2009 in the near Adelaide township ("German village") of Hahndorf, South Australia. The owner started from small beginnings, making beautifully scented soy candles and selling at boutique markes. then established the first retail store in Hahndorf and has grown over the past 14 years into a well-known and well-respected local manufacturer of beautiful home fragrance products as well as luxurious skincare lines. The strong branding has helped the vendor to grow and become more recognisable and respected within the industry.
Interested parties, please contact JACK at 0433245523 or on WeChat at businessbroker.