Maguires Real Estate | Mornington | South Eastern Suburbs
Maguires Real Estate | Mornington | South Eastern Suburbs
Maguires Real Estate | Mornington | South Eastern Suburbs

Think Big! Elephant Sorrento - Lifestyle and Homewares Boutique by the Bay

The New Seachange is here and this is your chance to live the lifestyle dream in the historic and picturesque seaside town of Sorrento on Port Phillip Bay.

After almost nine years of living the dream the owner of Elephant, the iconic and eclectic lifestyle store on popular George Street, is looking for a creative and artistic soul to take over the reins of the enterprise that has been so lovingly built.
Elephant is a world of surprises and delights where customers can discover textiles in vibrant colours, artwork, prints, and clothing, giftware, jewellery, furniture and one-off pieces - there is something for young and old, both quirky and contemporary.  

With 110 square metres of space packed with grunge and glamour Elephant features exclusive brands from Australian and NZ suppliers such as Ahoy Trader, Kip and Co., Sage and Clare, Ashley and Co, By Charlotte and many more. It has built up a strong local following through the years and draws huge tourist numbers over the holiday periods with holiday makers returning year after year to revisit the beautiful store to see what unique products/gifts they will find. Online sales make a strong contribution to turnover, which is supported by a dynamic Instagram and Facebook presence.
All the elements are present to ensure a successful transition for the new owner - a turnover in excess of $400K, a moderate rent of $3,509 (approx.) including GST, a 3 year lease with 3 year option to renew as well as a generous handover and assistance period. The business will suit an owner-operator, looking to complement the unique Peninsula lifestyle with a reliable income and a non-stressful creative pursuit.  

So, if you are starting to think BIG then make an appointment now to view the business and speak to the owner about making this Elephant LifeStyle your own.  

Price: $98,000 + SAV (Negotiable)

For enquiries and an inspection, with an opportunity to speak to the owners, please contact Alan Maguire, Maguires Real Estate, Mornington (0418 377 038).
Contact Alan Maguire for more information.
Office: (03) 5975 1128
Mobile: 0418 377 038
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