FASHION HIRE PIONEERING BRAND 4 DAYS ONLY

10 days ago

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Internal Ref: 32457-812887

Summary

Great brand recognition, loyal staff, ongoing support from vendor. 41% Net margins. Established 4 1/2- years & currently under management. Rent only $618 pw, attractive lease terms.

Rent

$32,152 pa

Location Details

Strategically located and central to Melbourne’s trendy and affluent Inner East, this location is easily accessible for walk-ins and appointments alike. Ample street parking, less than market rent and no CPI increases until 2021

Potential

Included in this sale, subject to terms and conditions, are the license and rights to the name and potential expansion within Victoria for a qualified buyer. With existing requests for further outlets and restrictions due to current owners’ other successful businesses, this is an ideal opportunity for growth.

Currently run under management, this business could enjoy even greater success if run with owner’s supervision- reducing wages and expenses, while increasing productivity and customer service.


Skills

Preferably in the fashion industry or knowledge of fashion and styling. Customer Service and Business admin.

Hours

4 Days (28 hours only)

Lease

Jan 2019 | 4-year option - No CPI increase until 2021

Employees

1 x Manager/Stylist
1 x Casual Stylist

Reason for Sale

Further national growth, as planned. And other business ventures

About the Business

Well-established fashion hire business- 41% Net margins. Melbourne Inner East. 4 1/2-years established currently run with ease under management. A pioneer and leader in their field.

Location Details
Strategically located and central to Melbourne’s trendy and affluent Inner East

A pioneer and leading name in this industry, the original business concept was developed by current owner. This business has limited competition and owner currently operates stores from interstate such is the strength of the brand, systems, concept and location choices.

Operating only Four days per week (28 Hours) and under management, this business would suit any fashion-conscious owner wanting to inherit a strong brand with solid systems/training programmes, loyal customer base, great margins, huge social media following and current client list, this proven formula has to offer.


Strengths:
• Great brand recognition
• Impressive margins
• Excellent lease terms
• Strong culture of loyal staff
• Easily run under management
• Clean financials
• Pioneer in their field
• Strong social media following/ online reviews
• Short hours (28 hours only)
• Enjoyable creative environment
• Ongoing support guidance and trading history to learn from

Lease | Jan 2019: 4-year option - No CPI increase until 2021

Rent | $618 PW

Skills | Preferably in the fashion industry or knowledge of fashion and styling. Customer Service and Business admin.

Training | 1-week hands on plus ongoing support to maintain brand identity

Reason for Sale | Further national growth, as planned. And other business ventures

History | 4 1/2-year trading history.

Genuine buyers are encouraged to Contact Sean McBride on 040 478 829
Or Email; smcbride@tworld.com.au

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