78 Langtree Avenue, Mildura
Sold for $ 37,000
Iconic Mildura business Clothing/Accessories - Property ID: 698268
Looking to take your first step into the world of retail or make your mark on regional Victoria's fashion scene? Then look no further!
An exciting opportunity is available to purchase an established and thriving fashion-forward retail business, based in the heart of Mildura.
Planet X is one of regional Victoria's leading fashion retailers, stocking the latest fashion-forward apparel, footwear and accessories for men and women. Since opening its doors in 1998 the business has evolved from a skate and street focus to offer a huge range of on-trend labels.
Currently employing two part time staff and open six days per week, the business has a solid following of regular customers and is poised for growth.
Planet X's location in Mildura's Langtree Mall makes it ideally positioned for retail customers. An $8
million refurbishment of the Mall, completed in early 2012 has revived the space, cementing it as the ultimate shopping destination in North West Victoria. The store is surrounded by a range of other retail outlets which provide complimentary business opportunities.
Situated at the cross-roads of three states, Mildura is a major retail hub servicing a huge catchment including South Australia, New South Wales and Victoria.
Boasting an excellent floor plan, bright modern interior, three change rooms, huge window display area and fully alarmed, Planet X is currently operating from a great store. A wall-mounted racking system, free standing racks, mannequins, computer equipment and store furniture and accessories are included in the business. The store is accessible via a rear laneway and includes two car parking spaces.
POTENTIAL & OPPORTUNITIES
An ideal option for someone starting out in the industry or ready to introduce new concepts, there is plenty of potential to take this business to the next level. While the business is currently managed and run by the owner, investors, partnerships or owner/operator set ups would work.
With an existing loyal following via social media this business is perfectly positioned to enter the online market and presents significant growth potential. The existing owners are willing to offer training and support to the new owners and pass on their extensive black book of fashion industry contacts.