Retail for Sale at
Bankstown, NSW

$700,000 + Sav

Contact the Agent

Business for Sale - Successful Retail and Online Fashion Outlet

Short summary
Established by the current owners in 2006 this business is well regarded in the community. They have created their own lines of clothing and cater for formal, bridal and seasonal fashion trends.
10 new designs are created each year to add to the collection. The store carries a range of exclusive Australian Designers.

Location details
The physical premises are located in an industrial area in the western suburbs of Sydney and are extremely close to an entrance and exit of the popular M5 motorway.

Potential
The owners have built an extremely successful business, which only has room to grow further. The innovative designs and personal service have set them apart from the competition. This has ensured steady growth and superb customer loyalty. Their social media marketing has been a successful tool for the business, which enjoys a healthy following on both Instagram and Facebook. Further fine tuning of the social media marketing should see an even better return than they currently enjoy.

There is a big opportunity to improve the performance of the online store through the use of better stock management systems and online shopping portals

Skills
It would be advantageous for the purchaser to have a keen interest in the fashion industry however the owner is willing to stay on as a paid employee to help with new designs and stock.

Hours

Monday - Wednesday, Friday
9:30am 5:00pm
Thursday
9:30am 8:00pm
Saturday
9:00am 4:30pm
Sunday
10:30am 3:00pm

Lease
To be negotiated with the seller

Employee's
2x Owners
1x FT staff
2x Casuals

Reason for sale
The owner wants to free more of her time to look after her young growing family.

About the business:
Ray White Business Sales is excited to offer this fantastic fashion opportunity located in a bustling area of Bankstown.
The business was established by the current owners in 2006 and sells a large range of formal, bridal and season ladies fashion. The business has an impressive customer base and online following with around 25,000+ online followers.

The current premises is available to purchase or lease as part of the sale by negotiation.

Revenue is consistently strong. Sales across 2015-16 were in the region of $765,000+. Additionally, this is a business a purchaser can walk into and begin trading without the need to spend a lot of money on new equipment or upgrading the premises. The fit out is good quality and the store and website both look clean, modern and up-to-date.

Some great facts about this business:

- An extremely profitable business.
- An excellent location in a busy, thriving and multicultural part of Sydney.
- Great reputation with an impressive online following.
- Fully equipped, no cap-ex required.
- A reliable core team of staff.
- Current owner willing to stay on as a paid employee to help with new designs & stock.
The business is for sale and looking for offers in the region of $700,000, plus SAV.

History
Established 2006 by the current owners.

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

Fred Pose
Business Sales Specialist
M: 0410 622 293 E: fred.pose@raywhite.com

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.

Bankstown NSW 2200 AUS