*** SOLD ***
Exclusive, Ladies Fashion Design & Manufacture
About this business for saleExclusive, Ladies Fashion Design & Manufacture
This opportunity represents a successful, ladies fashion design manufacturer specializing in the exclusive boutique market. The business was started by the Seller in 2000 and has traded successfully since.
The business designs and produces two seasonal, exclusive fashion ranges a year which are marketed and sold to the boutique market through Agents in Johannesburg and Cape Town. The ranges are manufactured to order and in-between, the business focuses on CMT work.
The premises are fully fitted and centrally located to industry players and there is a factory shop on the premises with an established clientele and garments are also made for retail in the shop. The Seller is pedantic with quality such that, all garments are exclusive, in-fashion and made to an extremely high standard.
The business comprises 13 competent and loyal employees all of whom have been methodically trained in producing high quality fashion garments thus; the business is well-known for its high quality in the industry. The Seller is assisted by an excellent and very capable manageress who engages in all aspects of the business including final checking of garments before despatch.
The only reason this business comes to market is that the Seller is of retirement age and wishes to semi-retire. She would be more than willing to remain on in the business for a predetermined period of time to assist a Purchaser in a smooth transition in ownership.
This business would ideally suit a young and energetic fashion conscious individual as there is significant scope for growth including the introduction and development of online sales opportunities.
With a monthly average EBPIDT (Earnings Before Proprietor’s Drawings, Interest, Depreciation & Tax) of +/- R39k, this offering represents a 47% Return on Investment.
Financial information provided is based on the 12-month period March 2015 to February 2016 and full historic financials will be made available to serious Purchasers.
For more information on this relatively unique and exciting offering, kindly contact the listing Broker.