Business Headline : Highly Profitable Team Wear and Sports Apparel Manufacturing Brand - Inner West Sydney, Australia
Price : $1,500,000
Category : Industrial/Manufacturing, Import/Export/Whole, Retail, Clothing/Footwear, Wholesale, Clothing/Accessories
Acquire an established Australian owned & operated performance sports & team wear brand manufactured in Sydney. With wholesale, retail sales channels along with Official Licensed Sponsorship contracts for large sporting teams and associations on Televised Sporting Matches around the World.
<span style=\"text-decoration: underline;\">Settlement prior to to June 30 2018 will result in R&D and Export Grant Incentives of approx. $190,000.
<span style=\"text-decoration: underline;\">A New Lease term of 5 years will be issued by the landlord prior to settlement
<span style=\"text-decoration: underline;\">Key Sale Channels
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Australian made team/sportswear for local schools, sports clubs and organisations (Wholesale)
Manufacturer of Official Licensed Sportwear to major sports clubs & associations through supply contracts and associated reorders as per contract terms (Wholesale)
Manufacturing and Retail sale & distribution rights of Official Licensed Apparel/Memorabilia of Sports Clubs & Associations sponsored by the brand (Retail)
<span style=\"text-decoration: underline;\">Company Summary
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Specialising in the production of team, supporter and on field sportswear for sporting codes - Rugby League, Hockey, Rugby Union, Soccer an AFL
Over 90% of production is run entirely through the vertical garment manufactuing process in the Head Office & Factory in Sydney
The remaining 10% are imported garments and finished to client’s specification of piping, embroidery, and heat pressed logos
50% of production is split between official licensed supply contracts and other made to order clubs, schools, universities and corporate organisations
Produced more than 86,000 units by FY end 2017 & turnover above $2.77 Million
Has reached 89% of turnover of turnover from FY17 by the 3rd quater of FY18
Strong Gross Profit Percentage of 54% whilst still manufacturing onshore
One of the very few brands/manufactures in the Official Licensed Sports Apparel space that manufacture to this capacity in Australia
Currently 17 staff including General Manager
Company holds the ideal infrastructure, processes, market knowledge and structure to further grow market share in this elite level space & capitalise on emerging opportunities in the forever changing Ragtrade sector
<span style=\"text-decoration: underline;\">Key Commercial Competitive Advantages
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Made to order garments manufactured in Sydney Australia
Low and Flexible MOQ\'s
Fast production & delivery lead-times - Order to Deliver 1-4 weeks for Australian Wholesale clients
Heightened level of local client interactions in made to order apparel process
High quality control throughout production processes and ease of communicating status updates to clients without delay
High customer satisfaction & retention rates
<span style=\"text-decoration: underline;\">Sale of Company Inclusions
Equipment
Brand IP
Premise Lease
Web Demains
Online Store
Tradmarks
UK Subsidury
<p class=\"MsoNormal\" style=\"font-size: medium;\">Complete Information Memorandum, Extensive Financial Statements, Assets & other Associated Information for the Sale of the Company are Available Upon Request
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4010677#enquire-now
Annual Rent : $147,253 -
Weekly Rent : $2,832
Annual Turnover : $2,770,386 -
Weekly Turnover : $53,277
Annual Gross Profit : $1,504,914 -
Weekly Gross Profit : $28,941
Annual Ebit : $448,154 -
Weekly Ebit : $8,618
Premise : Leased
Lease Commencement : Dec 2015
Lease End : Nov 2018
Total Land Area : 1050 Square Metres
Total No of Parking : 3
Franchise : No
Approximate Stock Value : $
Year Established : 2003
Days Trading : 5
Staff :
12 Full Time - 4 Part Time - 1 Casual
Staff Salaries : $715,781
Reason for Sale : Company Director Has Other Business Interests in Property Development
Location : One of Sydney Metros Commercial & Industrial District - Office, Warehouse & Factory at one Location
Business Potential : Increasing Sales
