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BUSINESS FOR SALE !!!! Online fashion store for women
Contact Info
UnlockBusiness Synopsis
Asking Price
3,673,000 AED
About the Business
BISONESS FOR SALE !!!! Online fashion store for women
- Location: Online business. Staff operating from home. License is in Shams Freezone Sharjah
- Emirate: Dubai
- Number of staff: 5 own employees
- Average monthly revenue: 137,903
- Stock Value: Just in Time production (we produce based on order). Therefore, low inventory risk
- Average Total monthly expenses: AED 59,136
- Avg monthly Cost of Goods: AED 37295
- Avg Monthly Gross profit: AED 100,608
- Avg Monthly Net Profit: AED 41,472
- Deposits: Non
- It is a profitable and well-established women's fashion ecommerce business that has been successfully running since 2013.
- The business currently boasts a strong social media presence, a large customer database, highly sought-after products and an ecommerce website that converts. Our just in time production model also means that there is no need for high working capital and for investing in stock like in traditional retail. Below are a few of the business strengths:
- - A loyal customer base. We have a healthy 40% customer return rate, despite a rather transient population in the UAE
- - Healthy current gross profit margin of 73%.
- - Low business risk achieved by the just in time production model with minimum inventory risk and low working capital requirements. It is a highly effective model in a post-covid world.
- - Broad audience. Our brand caters to women of all shapes and sizes from the housewife to the company director. Our styles are loose fits and easy to wear everyday outfits that flatter most body shapes. Our prices are affordable, and our styles are ethnic neutral.
- - Rapid supply chain. The cycle of design, production and launching of new styles takes only a few weeks. As such we are agile and can quickly launch new products and cater to new trends
- - Long market presence.
- It is one of the first and longest standing fashion online stores in the UAE. As such, the brand has established trust and strong market credibility.
- - Proven product market fit with a unique selling proposition. Also, the brand has a great infrastructure to build on and to expand its product range with complementary products & services.
- - Strong relationships with business partners and suppliers who have granted us competitive rates and business terms (ex. Logistics partner, fabric suppliers...etc).
- - Positive net earnings since the first year of operations with consistent year over year growth.
- - Great customer service reputations, accumulated over 1050, 5 star customer service and product reviews.
- - In addition to a successful ecommerce platform, we have established a successful private label.
- - Successfully and efficiently served new markets outside the UAE. So far, this was done on a small scale as a proof of concept and to validate the growth potential for us in those markets. We foresee huge growth potential in Egypt, KSA and beyond
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For More Details contact :- +971 52 473 3665
Amenities / Key Features
- Loyal Customer Base
- 24 Hours Operational
- Accounts available
- Established Business
- High Turnover
- Prime Location
- Attractive Business