Clothing and Homewares - Importer and Retailer

Description

eKo is a multistore retailer which imports clothing and homewares. Shops located in both Whangarei and Kerikeri are the main outlets for this thriving business. Delivering fantastic margins, this business is primed for a new owner to capitalise on the hard work already done.
Turnover is just below $500K with over $100K EBITD to a working owner and fixed assets are about $50K

eKo imports from Italy and Malaysia offering a range unique to the store, attracting and holding customers. Dealing to a wide demographic ensures a steady stream of income in the regional towns where they operate. Key lines including fashion clothing, homewares, furniture, jewellery, bags, incense and soulful items.
The owners focus on the ranging and importing and provide offsite storage of imported stock. Loyal staff operate the shops while the owners undertake annual buying trips.
Both premises are leased with good terms and landlords. The Kerikeri shop has ample storage in addition to retail floor space. The website supports online orders and payment and is an excellent addition for existing customers who have visited the area.
eKo will be suited to buyers with an eye for fashion trends in conjunction to a solid business. The operation could easily be franchised or a wholesale arm added to increase turnover. Direct importing means that the profit margins are very healthy so your accountant will be impressed!
A full information pack is available on completion of a confidentiality agreement. Call today to find out more about the opportunity