Apollo Bay
Business $950,000 + Stock A.V. + Property $2,000,000
Major costal tourist town
This outstanding beach front property & life style business has been operated by the same owner for over 18 years, during that time the business has experienced strong growth with increased profits to record levels, and is still growing.
Merchandise includes: sun glasses, hats, jewellery, souvenirs, t-shirts and seasonal apparel.
The business, unlike many retail businesses, is not affected by online shopping as over 95% of their customers are tourists to the area located 3 hour’s drive from Melbourne.
The shop has a dwelling which is currently being used for storage but could easily be restored so as to be utilised as accommodation if required.
A new owner would probably choose to operate this very profitable business “as is” for a time, then consider redeveloping the property, creating multiples streams of income within a new building, as the current operation only occupies a small portion of this valuable site.
For more details contact:
Barry Lyons Business Broker
Mobile: 0411 705 446