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Fashionable Handbag Business Made In Australia Brand For Sale

Sydney City Fringe, New South Wales, Australia
Asking Price:
$39,000 (AUD)
Sales Revenue:
Under $100K (AUD)
Cash Flow:
Under $50K (AUD)

Well established brand is for sale.
A distinctive brand in Australia and around the globe, an opportunity now exists to own and grow the business.
Famous for their ‘instagrammable’ fringe statement bags, the brand has been reinventing the ‘going out bag’ for 7 years through wholesale and retail markets.
Committing to more sustainable operations in 2019, the brand is now proudly handmade in Sydney, Australia.

Regrettably, a change in circumstances has left the current owner unable to give it the focus and attention it needs to realize its growth potential.
This is a unique opportunity for someone who wants the creative freedom of owning their own brand but doesn’t want to start from scratch. Step in with a supply chain, retail and wholesale networks, e-commerce set-up and a loyal brand following ready to go.

Business has experienced success across the globe, and now needs someone new to take it to the next level.
Take over and continue on its current trajectory or make it your own.
Willing to negotiate a period of handover training and mentoring to ensure a smooth transition if desired.

Included:
International brand awareness
Instagram account with 24,300 followers
Mailchimp account with 2,411 subscribers
Wholesale accounts in Australia and overseas
Established eCommerce website through Shopify
Afterpay integration
The Iconic dropship arrangement and back end set up Wolf & Badger dropship arrangement and back end set up Faire wholesale page back end set up
Brand name trademark in Australia
Suppliers including:
- Bag maker (Sydney based)
- Leather suppliers (Sydney based) - Fringing suppliers
- China sourcing agent
- Hardware supplier

Patterns and leather knives for all bag styles Professional product and lifestyle images

Variable (SAV):
Bag stock
Leather
Hardware
Fringing
Tassels
Packaging
Labelling

Selling price - $39,000 (neg) + SAV.

For more information, please contact us by using the form below.

Property Information

Location:

Currently working from home on the Central Coast. The bag maker is based in Redfern. There is no retail shop front, this is an eCommerce and wholesale business.

Premises Details:

I have a home office, stockroom and packing room.

Business Operation

Expansion Potential:

The wholesale market has only had the surface scratched. All my current accounts have contacted me, I have not had the time to do business development. Also overseas there is so much potential, particularly in the USA where a lot of my online orders come from.

Competition / Market:

There is no direct competition. There are other evening bag brands but they are more commercial and mainstream and made in China.

Reasons for selling:

I have changed careers and had children and am no longer able to dedicate the time needed to keep growing the brand.

Trading hours:

Whenever you want.

Employees:
0
Years established:
7

Other Information

Inventory / Stock value:
$10,000 (AUD)
Website:
Login or register to view link
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Seller

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