Business Summary

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Business for Sale > Lifestyle fashion accessories business

Business Opportunity

Industry: Accessory products


Sector: Leather


SIC Code: 31110400 ACCESSORY PRODUCTS, LEATHER


Transaction Type:
Business for Sale

Country of Origin: Australia |


Target Countries: Australia, New Zealand, United Kingdom, United States


Target Areas: Worldwide


Business Review

Main features of the business:  Very well respected business and sought after brand with Registered Trade Mark  Operating for over 12 years, based in leased premises in Sydney  Easily managed with a small office and by a small team of staff  High quality contemporary fashion accessories ranges focused on younger women and men  Non-seasonal up-market product ranges made with premium materials  Products manufactured off-shore by established, reliable and reputable suppliers  Large number of stockists including many top tier retailers across 12 countries  Supplies major Australian department stores, some with auto replenishment  Well developed systems and documented internal processes  Real time B2B wholesale customer orders system  Significant and growing direct B2C online sales, efficient in-house managed delivery  Digital marketing agent advises on and manages website, digital strategy and marketing  Substantial customer database and social media followers actively used for marketing purpose  On strong growth path with substantial potential new stockists both in Australia and overseas  Sales split for 2016 financial year 75% wholesale and 25% direct online sales  Total sales over AUD9m in 2016, first quarter 2017 financial year showing substantial growth  Reported profit for 2016 financial year nearly AUD2.5m after owner drawings. The business is privately owned and funded and has reached a stage in its development where to continue its very strong growth it would benefit from greater funding reserves. It would also particularly suit a purchaser with the experience to maximise its sales growth including further overseas expansion.

Products
Lifestyle and fashion accessories
Services
Financial Information

Asking Price: Expression of Interest AUD


Highlights

Exceptional opportunity to acquire a very well-established, successful and strongly growing wholesale and online sales lifestyle accessories brand and business.

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