Business ID: XB159806
UNIQUE MODEST FASHION BRAND WITH STRONG BRAND & LOYAL CUSTOMER BASE
This is an amazing opportunity for a buyer seeking an established clothing business to launch or expand their range. The business showed rapid growth in the first 5 years, designing, and launching 3-4 collections per year. Currently, no production is taking place as the directors are focusing on their families.
BUSINESS HIGHLIGHTS:
- Turnover: $2.5m when operating at full capacity
- One of the first fashion businesses in Sydney to create fresh styles for modest women
- Very reputable brand with a substantial social media following Featured on Iconic Australia
- Caters to modest women in Australia and Internationally (primarily Muslim women) Aged 18-50 years
- Production halted in April 2024 currently selling existing stock only
- Same suppliers for 5 years All contacts will be included in the sale
- Staffing is currently 3 directors and 5 casual store staff Prior to April 2024, there were also 3 F/T designers plus an operations manager
- Currently marketed through the website, social media, and Google Ads
- Up to 3 months' training/handover depending on the needs of the buyer
This business represents a perfect opportunity for anyone interested in the modest fashion market in Australia and beyond, as well as for those with an existing retail business looking to expand their market or for international retailers aiming to secure a foothold in the Australian market.
Ready for a new owner to take on and grow, this venture offers the chance to tap into new markets or seamlessly integrate into an existing business operation. With the right direction and planning, it has the potential to reach new heights.
PRICE: $150,000 NEGOTIABLE
Property Code: 4281
