Manufacturing & Wholesale
Established Fashion Accessories Wholesaler in Auckland
Auckland$220,000
Quick facts
- Business type
- Established Business
- Category
- Manufacturing & Wholesale
- Location
- Auckland
- Profit / cash surplus
- Three-year average seller discretionary earnings reported above $210,000
- Employees
- Experienced sales team in place
- Years established
- Established in 2005
- Reason for sale
- Current owners are ready to hand over the operation
- Assets included
- Operating systems, customer relationships and supplier relationships; stock additional at valuation
About this business
A business-to-business wholesaler supplying scarves, hats, gloves and other ladies' fashion accessories to retailers and boutiques throughout New Zealand. Established in 2005, the operation has long-standing customer and supplier relationships, an experienced sales team and systems ready for transition. Gross margin is reported at approximately 62%, with three-year average seller discretionary earnings above $210,000. The national customer base has been developed through trade events, referrals and repeat business. Asking price: $220,000 plus stock at valuation. Representative image; not the actual warehouse or products.
Highlights
- Established in 2005
- Reported gross margin about 62%
- Reported SDE above $210k average
- $220,000 plus stock