Business Sold Perth, Western Australia 6000
Business Category General Retail
SOLD
Description
Ecommerce Retailer (luxury Brand)
A rare opportunity is now available to own a luxury brand with highly successful eCommerce model. The popular local business specialises in luxury pieces with PR wow factor and has an excellent reputation / massive social media following.
Get incredible returns and lifestyle balance – the current owner works around 25 hours per week.
This online retailer is supported by an offline retail arm which also performs very well. It is truly rare to find a business which ticks so many boxes; multiple income streams, profitable, well-known, exceptional branding, unique high quality products and more. All for less than a 2x profit multiple that can run under management!
Benefit from existing supplier relations and a database of loyal customers which has been built up over many years.
The website has a high volume of visits due to strong organic positions on relevant keywords and plenty of returning traffic looking for the latest ‘on-trend’ designs. The fully functional website is easy to use / manage.
The business has been established for 5+ years and has all procedures, systems, suppliers, sophisticated marketing strategies and more already in place. No experience needed - the seller is committed to a thorough handover period of up to 6 months, allowing the buyer to gain all the confidence they need to continue the success of this business.
Are you ready to have the flexibility of being your own boss in an environment you are passionate about? Get in touch with SOT today.
Business Highlights:
• Established 5+ years with strong customer networks
• Profitable with solid financials
• Fully functional ecommerce website
• Retail premises in prime location
• Top brand synonymous with quality and style in the luxury lifestyle market
• Excellent reputation and near perfect customer reviews
• High levels of repeat custom and referrals
• The business designs and sells over 80% of their own products, allowing full control over profit margins and quality
• Strong supplier relations
• Can be run under management
• Training and handover for up to 6 months
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