BUSINESS FOR SALE ID #260
Asking price: $1,100,000
Annual turnover: $3,800,000
Annual profit: $250,000
Price includes: Fixtures, Fittings plus Stock at Value
Business sector: Retail Trade
The business is a pioneer within its niche, turning natural fine Australian Merino wool into soft quality Merino wool garments. It designs and manufactures its own range of clothing, with majority of the clothing sold through its own retail stores strategically located across VIC, NSW and SA. The business has captured a market niche, and attracted a majority of its customers with limited investment in marketing.Transition and training will be structured based on mutual agreement.
Due to the impending retirement of the owner, this business offers a great opportunity for a new owner to inject the energy and focus to explore the immediate growth opportunities. Will suit an existing operator with manufacturing facilities in Australia or overseas or somebody wishing to enter into the fashion industry. Price includes stock estimated at $800,000