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Premier Family Fashion Brand - Established, Profitable, and Ready for Growth
Internal Ref: BUY2530
Summary
Manufacturing and retail Ladies Clothing. The recent transition to add a quality retail aspect has seen numbers increase dramatically. The potential is only just starting to be realised.
Net Profit
$315,000 pa
Location Details
Located at the Central / Southern end of the Gold Coast, Not located in Tweed.
Potential
Massive potential to increase on line, and the Retail shop is killing it. If the business continues to do the same numbers it has been doing since the retail shop was opened just 6 months ago, this business should be valued at over $600,000. The only reason it is being sold so cheap, is that we can only show 6 months of sales with the retail shop in play. This was winter and more recent months are showing even more growth. Is this the most exciting opportunity on the Gold Coast right now. We say YES.
Reason for Sale
Retiring
About the Business
When you manufacture your own product, you take all the profit. For years manufacturing has gone overseas with very few still doing it here in Australia, but now all the Chinese companies have increased their prices, this business is not just competing, they are destroying the competition. Located in the best spot on the Gold Coast where you don't ever need to have a race to the bottom on price, as the average home in this area is around $2.5 million, so penny pinching is not a thing here, and so sit back and enjoy making huge money off the back of what this seller has created. So much more potential is still there for you, but make an offer quickly because busiensses with this much growth on the immediate horrizon almost don't exist, and this will be valued much higher in years to come if sales just stay where they are, let alone go up.
Simple Clothing manufacturing, and the seller owns the manufacturing facility, and will offer you a fantastic long lease, and very reasonable rent.
This business is being sold for less than one times the annual profit to a working owner, so make an offer quickly before it's gone.
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