Highly Profitable Retail & Online Fashion Business

2 days ago

Location:
Bankstown 2200 > Sydney - Greater > New South Wales

Investment level:
$479,000 + SAV

Type:
Business

Industry:
Retail > Specialty retail

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Internal Ref: 1684318

Summary

This is a profitable retail & online fashion outlet that has successfully created their own lines of clothing and cater for formal, bridal and seasonal fashion trends.

Location Details

The premises are located in an industrial area in the Western suburbs of Sydney and are extremely close to an entrance and exit of the popular M5 motorway.

Potential

Their social media marketing has been a successful tool for the business, which enjoys a healthy following on both Instagram and Facebook. Further fine tuning of the social media marketing should see an even better return than they currently enjoy.

There is a big opportunity to improve the performance of the online store through the use of better stock management systems and online shopping portals.

Skills

It would be advantageous for the purchaser to have a keen interest in the fashion industry however the owner is willing to stay on as a paid employee to help with new designs and stock.

Hours

Monday - Wed, Friday
9:30am – 5:00pm
Thursday
9:30am – 8:00pm
Saturday
9:00am – 4:30pm
Sunday
10:30am – 3:00pm

Lease

To be negotiated with the seller.

Employees

2x Owners
1x FT Staff
2x Casuals

About the Business

The business was established by the current owners in 2006 and is well regarded in the community, with an impressive customer base and online following with around 25,000+ online followers. The store carries a range of exclusive Australian Designers.

Revenue is consistently strong. Sales across 2015-16 were in the region of $765,000+.

Additionally, this is a business a purchaser can walk into and begin trading without the need to spend a lot of money on new equipment or upgrading the premises. The fit out is good quality and the store and website both look clean, modern and up-to-date.

Some great facts about this business:
- An extremely profitable business.
- An excellent location in a busy, thriving and multicultural part of Sydney.
- Great reputation with an impressive online following.
- Fully equipped, no cap-ex required.
- A reliable core team of staff.
- Current owner willing to stay on as a paid employee to help with new designs & stock.


For more information on this opportunity, please contact the undersigned:

Kane Hansen
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0421 362 488 T: 1800 858 696 E: kane.hansen@mentoredbsales.com

For more details complete the contact us form on this page or go to www.mentoredbsales.com and complete our online confidentiality agreement. Use the reference ID 1684318 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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