Big Brands | $1.3m+ T/O - $320k P/A Profits | 2 Store Locations | Price Reduced!

Sydney, NSW

Retail / Clothing/Accessories
$420,000 + Sav
Listing ID1836492

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This clothing and accessories retail business represents 16 popular brands for men and women. It has had continuous ongoing revenue and profit growth year on year and boasts strong areas for potential improvement/expansion.

Location Details
2 well-sized stores located in high foot traffic Sydney shopping centres. Further premises details including lease information can be found post enquiry.

Potential
Expanded revenue streams are being realised with the launching of a business website using a Shopify platform that will integrate into the POS system. This will capture all customer memberships and link to social media platforms to grow online sales and brand image.

Skills
The understanding of retail knowledge and buyers agent experience will be beneficial.

Hours
Both stores open 7 days

Mon-Wed and Friday
9:00am - 5:30pm
Thursday
9:00am - 9:00pm
Saturday
9:00am - 5:00pm
Sunday
10:00am - 4:00pm

Employees
2 x part-time owner/store managers
1 x full-time retail staff
2 x part-time retail staff

About the Business
An opportunity exists to acquire a well-established women's, men's and children's apparel/accessories retailer. The business operates out of two high traffic Sydney sites and is ripe for further expansion with projects already underway.

A few facts about the business:

- Both stores are located in excellent locations in areas that attract label/fashion-conscious shoppers

- Each store has low/no competition, particularly because the business has exclusive licenses to sell the stocked brands in those areas

- The brands stocked are all upmarket, well-known brands that are highly sought-after

- The business has a VIP program with approx. 2,000 members that allow direct marketing and provides members with special offers


For more information on this exciting opportunity, please contact the undersigned:

Kane Hansen
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0421 362 488 T: 1800 858 696 E: kane.hansen@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1836492 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.