DESIGNER DRESS RENTAL BUSINESS - 31K INSTAGRAM FOLLOWERS

14 days ago

Location:
Melbourne - Greater > Victoria

Investment level:
$35,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Fashion

Private Seller

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Summary

Ideal e-commerce opportunity in designer dress rental. This turn-key established business has all the hard work done for you with minimal contact hours.

Revenue

$38,000 pa

Rent

$0 pa

Expenses

$5,000 pa

Net Profit

$33,000 pa

Potential

Uncapped potential to expand on existing stock and offering and introduce new brands and accessories. Incorporating subscription based hiring and rewards scheme.
Option to re-open retail storefront with huge growth potential.

Skills

- Flair for fashion and current trends (training and contact provided)
- Basic computer skills
- SEO and digital marketing skills an advantage but can be taught easily

Hours

1-10 hours per week

Lease

N/A

Employees

1 - part time

Reason for Sale

Focussing on other opportunites after maternity leave.

About the Business

Dress rental online store with 31k instagram followers.
We rent and sell designer dresses and ship nationwide. Main clientele demografic ranges from ages 16-35 with a focus on school formals, wedding attire, racing carnivals and special occasions.
We are unique in currently operating online with over 650 dresses and sets to choose from. Low overhead costs and minimal time required to operate.
There has huge growth potential for the new owners to offer more brands with a niche offering, potentially open a retail storefront or warehouse and expand business following on social media such as TikTok.
SEO, Meta and direct marketing will cetainly boost sales.

History

Originally opened in 2019 with a retail store which brought in significantly more revenue, however, during covid, the retail store was no longer economical. This launched it into an online business and would see huge revenue growth potential with re-opening a retail store and optomising social media and direct marketing.

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