Highly Profitable & Successful Women's Fashion Wholesaler - EBITDAO over $900k

9 days ago

Location:
Sydney 2000 > Sydney - Greater > New South Wales

Investment level:
$1,600,000 + SAV

Type:
Business

Industry:
Retail > Fashion

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Internal Ref: 1839255

Summary

A successful, leading wholesaler & importer, offering a broad range of clothing and accessories, with an average GP of 56% & EBITDAO of over $900k in FY18.

Location Details

Sydney (Approx. 1,398 sqm in total):
- Offices
- Showrooms
- Warehouse space

Melbourne (Approx. 95 sqm in total):
- Showroom
- Some office space for Victorian Sales Reps.

Potential

The proud owners have developed a solid foundation for this outstanding business for over 30 years, however, there is still potential to make it even better. This business has a broad distribution network among smaller boutique retailers and there are excellent future opportunities to grow the business through other channels. The opportunity to expand the business with the existing sales team is within reach, as well as areas where operating costs could be streamlined. This business can be run as an owner operator or under management.

Skills

No specific skills are required. All procedures and staff are in place, however, experience in the fashion industry would be beneficial.

Hours

5 days per week during business hours.

Lease

Details will be provided post enquiry due to the different locations.

Employees

15 x Full time
2 x Part time
3 x Casual

About the Business

This is a fantastic opportunity to acquire a mature operation with excellent profitability and an immense network among boutique retailers. There are excellent future opportunities to grow and develop the business.

The current owners have built long-term supplier relationships throughout the years that are all in place for the new owners. There is also a large growing customer base covering both Australia and New Zealand.

There is a large amount of assets and equipment including trademarked brands, office and warehouse equipment and furniture, an online platform, as well as 5 vehicles, that will be included in the sale. The new owner will be all set to continue establishing t he business for many more years to come.

The business also has a clean, modern website, in keeping with the brand image that provides a good overview of the business and provides easy access to view the clothing and accessories. There is scope to add an online store in the future to build traffic.

This fashion wholesaler business has excellently located premises/showrooms in both Sydney and Melbourne that enable easy access for customers but also excellent proximity to airports and transport for product deliveries and shipment.

Key facts about this fashion retailer:
- High turnover and profit margins on a consistent basis
- Great location for both customers and the business
- Fantastic opportunity to add an online store in the future
- Huge growth potential in many different areas
- Assets & equipment, including 5 vehicles, is included in the price
- Fantastic Long-term relationships with suppliers
- A broad customer base spanning Australia & New Zealand

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

Brent McDonald
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0413 158 638 T: 1800 858 696 E: bmcdonald@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 1839255 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be 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, owner’s salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business Categories: Fashion, Retail, Import, Wholesale, Clothing, Accessories

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