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Great Little Business - Vic Market

$35,000

  • ID Ref 7094
  • Suburb Melbourne
  • State VIC
  • Status For Sale
  • Great Little Business - Vic Market

Business Description

Nautical Replicas is a retail business operating out of a container at Melbourne’s Queen Victoria Market.

The business sells nautical décor with an emphasis on model classic ships and yachts, all made out of wood. Quality brass Ship’s Bells and Yachting Caps are also key lines. Nautical Replicas has been trading at the market since 1979 and moved into its current location in September 2018.

The container is in the market’s newest precinct, String Bean Alley, and currently operates during normal market hours on Thursday, Friday, Saturday, Sunday, and Wednesday nights.

This is a lock up facility operating under a 2 year license, although an additional 2 years may be granted if the licensee meets investment requirements set by market management.

The Queen Victoria Market is Australia’s premier market and the largest open-air market in the Southern Hemisphere. It attracts a strong local customer base, particularly drawn by its quality food offer. Importantly, it is one of Australia’s most significant tourist attractions with around half of all international visitors to Australia coming to the market.

Nautical Replicas operates its own website with online shopping facilities. It recently commenced a social media program based around Instagram and Facebook following an evaluation run by the Small Business Mentoring Service (SBMS) Victoria and marketing interns and students from RMIT.

This is a business suited to a dedicated retailer looking to embrace future retailing needs as they evolve. The business is for sale at $35,000 plus SAV (estimated at $8 – $10,000) and fittings (approx $3000). Sale of the business is subject to applicants being approved by management of The Queen Victoria Market.

GENUINE INQUIRIES ONLY

Business Features / Snapshot

Your Business Broker

Peter Hurrell

Business Location

Melbourne, Victoria 3000