SBX Business Brokers Phone : 02 9439 ****

Ladies Fashion - Importing - Manufacturing - Control and equity stake in a leading fashion brand company for sale in Sydney.

Listing Id : 270880

Location : New South Wales - Alexandria

Category : Engineering

Asking Price : 260,000

Business description

Ladies Fashion - Importing - Manufacturing - South Sydney - Agent SBX Code Number: FQ1133 Manufacturer - importer - designer of several premium fashion labels via their own production facility in China. - Currently fulfilling orders to 300 clients (e.g. fashion boutiques, department stores, fashion websites etc) across Australia, NZ, Singapore, US and UK,. - 4-5 fashion change-over seasons per year. - Lead designer is from a renown fashion label. - This business has annual sales of $2m+. - China investment/facility is estimated at $1m. The partner is looking to sell 50% control and 13% equity stake in the business. Potential Could reduce costs, overheads & cost of goods by negotiation and costs control. currently expanding into global markets especially in the US and UK.- The vendors recent New York Fashion Show was received very well. Features Sales & market share increasing - Expansion plans into USA underway including major retailers - Strong fashion brand names - 6 months of orders in advance. - Excellent margins Premises Functional office of 700 sqm. with warehouse capabilities (Sydney) Location Situated in commercial area near new apartments, residential district, train station, restaurants and major supermarket in South Sydney Trading Hours 5 days - Mon. - Fri. . - 900 a.m.- 600 p.m. Lease Current lease commenced Nov 2017 - Expires Nov 2**** **** . -C.P.I. annual increases. - 4 months bond Employees 1 partner (Sydney) + 2 partners (offshore facility) + 5 fulltimers + 2 to 4 casuals (Sydney) Comments Misc.- 1- refers to professional photography costs & advertising PR fees. - Misc.- 2 - refers to cost of production in China.- This business also owns production facilities in China. - The business owns full rights to the fashion label and uses in-house designers - May suit an overseas investor, business visa applicant, fashion designer looking to branch out, or an industry veteran that can understand the potential/direction of the business. - Note that the asking price is for 13% equity share and 50% control of the business. - The buyer can choose to be an investor or a hands-on partner. - For hands-on partner with specific skills relevant to the business (e.g. fashion designer, business development and wholesale Sales manager etc), a salary may be negotiated with the partners after acquiring the shares. Figures Weekly Sales $50000 Rent (ex GST) $2770 Wages $8800 Profit $1**** **** Agent SBX Code Number: FQ1133 - SBX Business Brokers

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