Fast growing online fashion brand, aimed at women aged 25-50.
Strong online presence with social media following of 130k+ reaching in excess of 2m per week.
5-Star ratings & excellent reputation.
First FY turnover of circa £800k after a low order returns rate of 31.8% (against industry average of 40%+)
During Q4 of Yr 1 the business saw significant investment in distribution and infrastructure to prepare for aggressive growth in Yr 2 (profit 3%).
Currently halfway through Year 2. Year 2 projections: T/O £800k, profit 12.5%. This has been adjusted to account for the recent impact of Coronavirus pandemic and is conservative.
Low cost premises 3-year lease with optional break clause Sept 2020.
Selling due to owner's other business and family commitments.
- Loyal customer base & outstanding reputation for customer service
- Inventory of £175k included in sale
- Experienced & lean team in place
- Based in North England & could be relocated
- The business will be sold without debt