Link Business

Be Part of a Fashion Bag Brand With Global Presence

Listing: #OR00319

Maria Morris

Broker | Manila-Ortigas Center

Maria Morris

maria.morris@linkbusiness.ph

+63 2 7900 8000

+63 995 971 8683


About this Business for sale in Philippines

Be Part of a Fashion Bag Brand With Global Presence

 

What started out about 5 years ago as a simple buy-and-sell venture  has now grown into a flourishing fashion bag business with an international following. Mostly beaded, woven and embroidered mediums are utilized in the creation of these very chic and colorful bags, jackets and accessories.

About 70 to 80% of the sales are from International wholesale and store orders obtained from agents and from joining trade shows abroad.  The local market is addressed through the website, a high end mall and  online platforms such as Facebook and Instagram. 

As per owner, 2018 gross sales reached about 3.4 million Philippine Pesos (US$64 thousand) with an average net income margin of 48%.

The owner is looking for an equity partner with the proper experience and business network to help grow the business internationally by joining more trade shows. Ideally, the partner will be involved in the marketing & sales side of the business while the owner retains creative freedom and focuses more on the design aspect of the products.

This equity partner shall own 40% of this global endeavor but shall be entitled to 60% of all profits. Dividend payouts from earnings in the company shall be discussed and agreed-upon between the owner and the partner.

A great opportunity to be a part of the exciting international fashion industry!

Manila-Ortigas Center
maria.morris@linkbusiness.ph
+63 2 7900 8000
+63 995 971 8683

Maria Morris

Enquire Now
Manila-Ortigas Center
roberto.narciso@linkbusiness.ph
+63 2 7900 8000
+63 920 922 8090

Roberto Narciso

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.