Wholesale Fashion Accessories Importer Direct And Retail For Sale

Business description

Established direct import of fashion accessories. Well established selling to retailers and direct to public. High quality silk and a range of latest fashion accessories. Jewellery, silk, handbags, evening bags and a full range of high quality products. We have our own sources for direct import and will continue to supply to the purchaser at prices below any other supplier. Great potential to expand. We also supply post offices etc with easy to post silk items and small high profit items. Huge potential for young person or couple to expand. Solid business in Townsville and North Qld. Estab originally in 2000 and moved to showroom and expanded business in 2008. We will continue to supply the successful purchase from our offices and sources throughout Asia. Included in sale is successful active internet shopping site. This is an expanding market, for sale due to retirement of the principal who is moving to Melbourne to care for aged parents, but will continue in importing and will offer the purchaser(s) absolutely the best prices on new stock as required. Also included is a range of small electronics, highly sought after. The price of this business is STOCK ONLY with full financials available in confidence with signed in confidence agreement. This is a profitable low cost start business with huge potential. We also operate profitable ebay business (negotiable if required) with 100% feedback from thousands of satisfied customers worldwide. Business name is long established and will continue to operate internationally as import only. Products sell to many fashion businesses in Townsville and north qld as well as selling on the international market, with enormous room to expand. Accountants figures are available in confidence to serious potential. This is a WIWO sale with full and open disclosure of inventory and stock will be sold at genuine imported price. Please only genuine buyers as the principal wishes to retire soon to care for aged parents as soon as possible

Property information

Real Estate:

Lease

Lease terms:

lease is three years with option. Rent is CPI. Rent is payable monthly at $1358.00 per month.

Leasehold rent:

$16,300 approx per annum

Location:

The business is situated in high traffic area in Townsville and is the only importer of high quality silk and fashion accessories of it's type in north qld. Situated at 169 Charters Towers Road, Townsville. Thinktankimports.com has been wholly owned by the same person since establisment in 2000.

Premises details:

Situated in a block of shops, opposite Repco and Rylands Mitre 10, the block is fully occupied by long term shops with Real Estate, Takeaway curry house (est 30 years) and handmade chocolate shop.

Other information

Expansion potential:

Due to other commitments in the health area the principal has not been able to take advantage of the heavy demand from post offices and small fashion shops as she would have liked. The purchaser(s) will easily be able to double the turnover of this business within a short time with representation to fashion shops outside of Townsville and the local area. Townsville is a city which is set to double in population within 20 years and is a pleasant sunny and leisurely lifestyle. There is potential to sell to market traders throughout the north and a keen purchase will double turnover quickly. This business has huge potential for expansion and possible franchising due to the fact that access to quality product is available to the purchaser at no cost for the near future. Opening hours are short, being 8am to 4pm with no late hours.

Competition / Market:

Thinktankimports.com has no competition being the only business importing directly 100% silk products, and fashion accessories which are sold to regular retail businesses as well as selling directly to the public. Many local fashion shops purchase products from Thinktankimports.com rather than from wholesalers in Brisbane or the capital cities, saving $$$ on freight. Our customers are able to see stock before they purchase and our customers are regular. Opened directly to the public selling at under retail but over wholesale prices in 2008 with great success, and also supplies a range of Post Offices with high quality product for impulse selling. Because we have our own offices in the country of origin we are able to purchase at prices well below those of other wholesalers.

Support & training:

All training and support will be offered for three months including website and potential ebay should the purchaser wish to continue ebay business.

Reasons for selling:

The owner of this business is of retirement age with 90 year old father who may require care in the near future. Only the business is for sale and the principal will continue to operate her import business as thinktank. The business has a high reputation and is being sold with genuine regrets. Sale includes all computers (new touchscreen and all office equipment).

Trading hours:

Trading hour are 8am to 4pm daily and 8am to 12noon on Saturday.

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$90,000 (included in the asking price)

Website:

www.thinktankimports.com