• Free Business Brokers is an Australian Owned Business

Looking to supercharge your business portfolio?

  • Business Category: Clothing, Fashion and Accessories Retail store
  • Profit: 400,000 - 800,000
  • Business Plan exists?: Yes
  • Marketing Plan/Research?: Yes
  • Property Included?: Yes
  • Sale Type: Buy Out
  • Years Operating: 56
  • Business Type: Shoe Store
  • Turn Over: 2,000,000 - MORE
  • Business Development (in place): Yes
  • Budget in place: Yes
  • Financing Available: No
  • Trial Period: Maybe

Business Location:

  • Address: U6/195 Hampton Road, South Fremantle, Western Australia.
  • Other Existing Trading Locations: Western Australia / Perth
  • Potential Franchise/Licencee locations you are offering to sell:

Business Description:

Vast Group has a client that has established itself as a dynamic player in the fashion industry, specialising in the sale of top-quality shoes. With a keen eye for trends and an unwavering commitment to excellence, the business has achieved remarkable success.

- Impressive Returns: $2.1 million in revenue with a net profit of $528,000
- Financial stability and success: 56 years in business and iconic destination
- Management Excellence: The leadership team ensure seamless operations, strategic decision making, and the ability to adapt to ever-changing market dynamics.

The business prides itself on an offering that caters to the latest fashion trends. The product selection resonates with fashion-conscious consumers, keeping ahead of the competition.

Financial Metrics (Annual):
Revenue: $2.1 million
Net Profit: $528,000
Gross Margin: 47%
Operating Margin: 24%

Business Model:
This business operates as a well-managed entity, with a focus on efficient inventory management, robust supplier relationships, and a customer-centric approach. The business ensures that products align with market demands, resulting in healthy profit margins

With a solid foundation of financial stability, an exceptional management team, and a finger on the pulse of fashion trends, the business is poised for continued growth and success.

Seller Information

Name: Greg Isaac

Email: greg@vastgroup.com.au

Phone: 08 6500 7388

Listing ID: 15910

Views: 284

Posted on: December 1, 2023

Need Help Evaluating or heading...

Need help preparing your business for sale in Western Australia, please contact our partners

×