

SOLD!!! This award winning business is an online e-commerce store offering an unrivaled collection of Australian and international bridesmaid dresses, special occasion dresses and accessories. As an online store, it has a national footprint and has established an enviable market reputation with a ‘household’ name in the wedding industry. They have developed a simple yet effective logistics management system for the delivery of its dresses and accessories to customers across Australia and overseas. Trademark is owned.
- High functioning, secure and optimised e-commerce website developed over a long term with continuous stakeholder input – website hits of 800 to 1,000 per day.
- Mailout database exceeds 10,000 customers. Social media followers exceed 116.7k. High level of engagement/sales via their Instagram page. Average transaction value $452.
- Strong supplier / designer relationships in place for efficient fulfillment of orders.
- All new orders are paid in full upfront, and in many cases prior to dresses being ordered (just-in-time ordering system employed in part of the business) – cash flow friendly.
- Lean (and static) cost structure, ideal for director/owner management.
- They developed a manufacturing line (based in China) available for fulfillment of own designs at very strong sales margins.
- Existing stock is mostly current season and ready to sell.
- Situated in a convenient location in suburb south if the city- a new lease is optional for a buyer.
- Owner is available for handover to ensure continuity.
NOTE: This could be an attractive “bolt-on” to an existing business in the bridal space with possible synergies and cost savings of rent and wages.
- Current Status: Sold
- Code: RN 594
- Category: Non Food
- Type: Online e-commerce
- Location: Sydney
- Sales: $355 ( $355,000 )
- Period: Annual
- Net Profit: $100 ( $100,000 )
- Rent: $16 ( $16,724 )
- Stock: $50 ( $50,000 )
- Price: $115 ( $115,000 )
- Long Financials: Tax returns are available for due diligence
- Staff: Owner plus 1 casual
- Lease: Negotiable