ID:

Fashion ERP Technology Solution

Australia
Price: $495,000 For Sale
E-commerce
  • 759
  • 0
  • Takings (p/w): $21,604
  • Rent: $688
  • Net Profit: $5,950

Description

Fashion Information technology company developing, marketing & offering support for various software products and solutions for the Australian & NZ fashion industry including e-commerce platforms, ERP (Enterprise Resource Planning) for apparel management & POS for retail. – Over 400 companies / clients and 150 ongoing maintenance agreements.

Potential

Huge potential to expand this business. -Would suit someone ready to take development & support offshore. - Could combine with business in same industry to add existing and ongoing customer base.

Features

Well established business. - Experienced staff. - Has been in the industry for more than 15 years. - A great range of products & services for all aspects of the industry including wholesale, manufacturing & bricks and mortal as well as online retail.

Premises

This business is in a modern converted warehouse & has an area of 80 sq. mts.

Location

Well located in the City Fringe and close to the main fashion district in Sydney.

Trading Hours

5 days - Mon. - Fri. - 8:30 a.m. - 5:30 p.m. - After hour support until 9:00 p.m. & Weekends - 9 a.m. - 6 p.m.

Lease

Current lease expires 31st July 2016 - New lease negotiable

Sale Reason

After 16 years the owners are wanting a change of lifestyle.

Employees

2 owners + 3 full timers + 3 part-timers

Additional Information

Weekly Takings: $21,604
Cost of Goods: $3,684
Gross Profit: $17,920
Rent: $688
Outgoings: NA
Wages: $8,570
Telephone: NA
Insurance: $223
Electricity: $78
Gas: NA
Miscellaneous 1: NA
Miscellaneous 2: NA
Total Expenses: $11,970
Net Profit: $5,950
Estimated Stock: NA
Equipment: NA
Annual Turnover: $1,123,408
Net Profit Margin: 27.5%
Return Of Investment: 1.6 year(s)
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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