Industry: Accessory products
SIC Code: 31110400 ACCESSORY PRODUCTS, LEATHER
Country of Origin: Australia |
Target Countries: Australia, New Zealand, United Kingdom, United States
Target Areas: Worldwide
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.
Asking Price: Expression of Interest AUD
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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