Transworld Business Advisors - South Yarra Phone : 0404 47 ****
Sean McBride
03 85 ****

0404 ****


FASHION HIRE BUSINESS FOR SALE | 4.5 DAYS ONLY | STRONG BRAND

Listing Id : 252836

Location : Victoria - Melbourne -Melbourne

Category : Fashion, Service, Hire and Rent

Asking Price : Undisclosed

Business description

Location Details | Strategically located and central to Melbourne’s trendy and affluent Inner East, this location is easily accessible for walk-ins and appointments alike and boasts world leading brand names as immediate neighbours. Ample street parking, less than market rent and with no CPI increases until 2**** **** ; showcases the astuteness of the current founder/owner’s big picture vision and business acumen.

About the Business| Owners contribution

A pioneer and leading name in this industry, the original business concept was developed by current owner. This business has limited competition and owner currently operates stores from interstate such is the strength of the brand, systems, concept and location choices.

With national expansion now under way this business has become available and will benefit from the projected growth and brand awareness nationwide. No internal local competition or additions will affect this business current position.

Operating only Four and a half days per week (28 Hours) and under management, this business would suit any fashion-conscious owner wanting to inherit a strong brand with solid systems/training programmes, loyal customer base, great margins, huge social media following and current client list, this proven formula has to offer.

With detailed service manuals and long-standing staff, most whom have a fashion interest or background, customer satisfaction and retention are high, highlighting why this business has truly evolved into a market leader.

Having well documented systems and a 4-year trading history to feed from, enables this business to continue to succeed, providing comfort to an astute buyer to further improve under new owner’s supervision.

Strengths:

 

  • Impressive margins
  • Great brand recognition
  • Excellent lease terms
  • Strong culture of loyal staff
  • Easily run under management
  • Clean financials
  • Pioneer in their field
  • Strong social media following/ online reviews
  • Short hours (28 hours only)
  • Enjoyable creative environment
  • Ongoing support guidance and trading history to learn from

Lease | Jan 2019 | 4-year option - No CPI increase until 2**** ****

Rent | $618 PW

Hours:

Appointment only

Tuesday 11.00am-3.00pm

Wednesday 1.00-7.00pm

Thursday 1.00-7.00pm

Friday 10.00am-4.00pm

No Appointment needed

Saturday 10.00am-4.00pm

Skills | Preferably in the fashion industry or knowledge of fashion and styling. Customer Service and Business admin.

Staff | 1 x manager/stylist / 2 x stylists

Training | 1-week hands on plus ongoing support to maintain brand identity

Potential | Included in this sale, subject to terms and conditions, are the license and rights to the name and potential expansion within Victoria for a qualified buyer. With existing requests for further outlets and restrictions due to current owners’ other successful businesses, this is an ideal opportunity for growth.

Currently run under management, this business could enjoy even greater success if run with owner’s supervision- reducing wages and expenses, while increasing productivity and customer service.

Already profitable, the allocation of a marketing fund to include provisions for SEO, social media, radio promotion, magazine and print to capitalize on this already strong brand could drive sales even further in this lucrative and niche market.

Reason for Sale | Further national growth, as planned. And other business ventures

History | 4-year trading history.

Genuine buyers are encouraged to Contact Sean McBride on**** **** for a full Information Memorandum.

 


 

 


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