SOLD-Popular Dress Hire Business – Sydney, NSW  

Description

Turnover $300k – Increasing Demand – Unique Designs 

Dress hire is currently in high demand in Sydney – with many clients attending at least 10-12 events per year on average! 

This business has a real advantage over its competitors, in that it stocks unique designs. It also benefits from its location in Fairfield West – a central and convenient destination for a large number of clients. 

Business Highlights: 

• Excellent location with high demand for dress hire due to the regular events that occur 
• Current competition is more than 5km away 
• Potential profit for 22/23 is $200K
• Business caters to sizes 6-12 – Party dresses, cocktail dresses & evening/formal gowns 
• Target market is females aged 16-55 years  
• Established by the current owner in in 2019 
• Lovely Boutique (40 sqm) with 2 changing rooms plus office/storage room 
• Marketed through Instagram ads, TikTok content + regular photoshoots  
• Stock included – Over 350 Dresses (worth at least $150k) 
• Online Store valued at $3k plus Boutique (including furnishings worth $40k) 
• Staff: Owner F/T + 3 casuals 
• 4 – 6 Weeks training can be provided a new owner. 

This business would be fantastic for someone with a passion for fashion – Must be up to date with current fashion trends. The business would be easy to grow by moving into a bigger store and expanding the stock range. 

Price: $100, 000 Negotiable