Vast Group has a client that has established itself as a dynamic player in the fashion industry, specialising in the sale of top-quality shoes.
About the Business
With a keen eye for trends and an unwavering commitment to excellence, the business has achieved remarkable success.
- Impressive Returns: $2.1 million in revenue with a net profit of $528,000
- Financial stability and success: 56 years in business and iconic destination
- Management Excellence: The leadership team ensure seamless operations, strategic decision making, and the ability to adapt to ever-changing market dynamics.
The business prides itself on an offering that caters to the latest fashion trends. The product selection resonates with fashion-conscious consumers, keeping ahead of the competition.
Financial Metrics (Annual):
Revenue: $2.1 million
Net Profit: $528,000
Gross Margin: 47%
Operating Margin: 24%
Business Model:
This business operates as a well-managed entity, with a focus on efficient inventory management, robust supplier relationships, and a customer-centric approach. The business ensures that products align with market demands, resulting in healthy profit margins
With a solid foundation of financial stability, an exceptional management team, and a finger on the pulse of fashion trends, the business is poised for continued growth and success.
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