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Part Time Wholesale Fashion Business

Business for Sale
Sydney NSW

Fashion Accessory business located on Sydney's lower North Shore. Full financials provided with consistent profit of around $1600 per week or $84,000 per annum part time work

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Part Time Wholesale Fashion Business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Summary

Fashion Accessory business located on Sydney's lower North Shore. Full financials provided with consistent profit of around $1600 per week or $84,000 per annum part time work
Rent:

$42,000 pa
Net Profit:

$84,000 pa

Potential

Part time operation, work your own hours around school pick ups or lifestyle. Potential to increase current sales and introduce new lines. The business is a specialist and well known in the industry, often appearing in many of the industry magazines. Potential to attend trade shows and continue building the business through a variety of channels. All assistance will be made available to the new owners including a marketing plan. The current owner has been in the business for over 10 years and would like a change.
Skills

No skills required
Hours

Weekdays by appointment only - Saturdays Open

Lease

$42000 +GST per annum-New 3 year lease with an option

Employees

1 x casual for saturdays
Reason for Sale

Owner looking for a change after 10 years.
About the Business

Exciting Part Time Business with full time wages. Owner has invested 10 years into the business and developed a very stable cash flow positive business for the new owner.

Key selling points:

- 5 Star Top Rated Supplier 
- Wholesale, Direct and 50% online 
- Located on Sydney's lower north shore, parking for 2, good street frontage, open Saturday's and generally by appointment Monday to Friday. 

- Perfect part time, lifestyle business if you are working around school pick ups or run errands. 

- Alternatively, take the business to the next level and employ a weekday casual, currently employs one casual for Saturdays only. 

- The products are from up market designers from Europe and the US, who are very supportive and will only supply to retail shop fronts. Stock generally arrives within a week.

- New 3 year lease is extremely affordable at $42,000 plus GST 

- 50% of sales are online currently

- Business can be easily relocated, the current owner has previously relocated from the CBD around 3 years ago and found no distruption in salesl. 

- The business has a modern website with strong online presence resulting in excellent Google ranking (1st page) and over 10,000 followers/likes on Facebook.

- Full financials provided with consistent profit of around $1600 per week or $84,000 per annum

Stock holdings circa $100,000 - $120,000

For any further information please don't hesitate to contact Ray White Business Sales Sydney on 0425 223629. 

Disclaimer: Due to the confidential nature of the sale, images used are 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. 
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