Visit this listing at https://www.sbx.com.au/business?id=G1739

Business Code: G1739

Key Features: Fashion Wholesaler - Sales $3.2m p.a- Profit $370k p.a. - Full Financials

State: NSW

Suburb: Alexandria, NSW

Location: Well located in the centre of Sydney's fashion district with easy parking for both customers and staff.

Description

Wholesaler & Importer of a premium women's fashion label with well established production in China and currently fulfilling orders to over 300 clients (e.g. fashion boutiques, fashion websites etc) across Australia. - Offering 2 ranges each year, Spring / Summer and Autumn / Winter. - For women who wear clothes to feel stylish and comfortable. - Using quality natural fibres like linen, cotton, and merino wool, sourced from communities that look after their workers.- NSW sales through Head Office and all other States are sold through Agents.

Summary

  • Features: Well established ladies fashion label & brand. - Over 300 regular customers. - A purchaser would be inheriting over $1m in forward orders at any time of the year. - Excellent financial history.- Approx. 95% of stock purchased is pre-sold.
  • Potential: Could easily reduce costs, overheads by scaling back size of offices and warehouse space. - Could also consider using a 3rd party logistics for warehousing and despatch. - Could grow the current online business. (This has been held back so as to not alienate some of the current customers)
  • Premises: This business has an area of approx. 1,200 sq. mts. including a large warehouse area, showrooms and office space.
  • Trading Hours: 5 days - Mon. - Fri. - 9:00 a.m. - 5:00 p.m.
  • Lease: A new lease can be negotiated. - One of the owners is the current landlord.
  • Employees: 1 owner + 4 full timers + 2 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$62,650

Cost of Goods

$39,470

Gross Profit

$23,180

Rent

$1,677

Wages

$9,420

Misc1

$4,943

Total Expenses

$16,040

Estimated Stock (Additional)

$80,000

Net Profit

$7,140

Price

$650,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Ladies Fashion - Wholesale

Business Code: G1739
Price: $650,000

Key Features: Fashion Wholesaler - Sales $3.2m p.a- Profit $370k p.a. - Full Financials

State: NSW

Suburb: Alexandria, NSW

Location: Well located in the centre of Sydney's fashion district with easy parking for both customers and staff.

Description

Wholesaler & Importer of a premium women's fashion label with well established production in China and currently fulfilling orders to over 300 clients (e.g. fashion boutiques, fashion websites etc) across Australia. - Offering 2 ranges each year, Spring / Summer and Autumn / Winter. - For women who wear clothes to feel stylish and comfortable. - Using quality natural fibres like linen, cotton, and merino wool, sourced from communities that look after their workers.- NSW sales through Head Office and all other States are sold through Agents.

Summary

  • Features: Well established ladies fashion label & brand. - Over 300 regular customers. - A purchaser would be inheriting over $1m in forward orders at any time of the year. - Excellent financial history.- Approx. 95% of stock purchased is pre-sold.
  • Potential: Could easily reduce costs, overheads by scaling back size of offices and warehouse space. - Could also consider using a 3rd party logistics for warehousing and despatch. - Could grow the current online business. (This has been held back so as to not alienate some of the current customers)
  • Premises: This business has an area of approx. 1,200 sq. mts. including a large warehouse area, showrooms and office space.
  • Trading Hours: 5 days - Mon. - Fri. - 9:00 a.m. - 5:00 p.m.
  • Lease: A new lease can be negotiated. - One of the owners is the current landlord.
  • Employees: 1 owner + 4 full timers + 2 casuals
  • Sale Reason: Owner would like to retire.
  • Comments: The trading figures being shown are an average of the last 3 Financial Years. - This business can be run under the current management as the current owner has developed the business to be run by the current staff.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$62,650

Cost of Goods

$39,470

Gross Profit

$23,180

Rent (ex GST)

$1,677

Wages

$9,420

Misc1

$4,943

Total Expenses

$16,040

Estimated Stock (Additional)

$80,000

Net Profit

$7,140

Price

$650,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.