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- 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
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