This 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. The business has established an enviable market reputation and is a ‘household’ name in the wedding industry. Their website is sophisticated yet user friendly and appears prominently in all relevant bridesmaid and special occasion Google searches. Its current social media following is 116.7 K strong (Instagram and Facebook), and has nearly 2,000 posts on Instagram. The company has been awarded numerous awards. It has developed a simple yet effective logistics management system for the delivery of its dresses and accessories to customers across Australia and overseas.
Their mail out database exceeds 10,000 customers. Social media followers exceed 116.7 K. High level of engagement/sales via its Instagram page. All sales 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 and with a lean (and static) cost structure, ready for director/owner management.
The business is now purely an online store since 2016, previously having had a bricks and mortar presence.
- Current Status: Listed for Sale
- Code: RN 594a
- Category: Non Food
- Type: E-commerce store for designer Bridesmaids Dresses
- Location: Castle Hill
- Sales: $355,000
- Period: Annual
- Net Profit: $100,000
- Rent: $16,724
- Stock: $50,000
- Price: $115,000
- Long Financials: Due diligence welcome
- Staff: Owner plus casual
- Lease: 6 months left can be renewed