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 2 900 8000

+63 995 971 8683


About this Business for sale in

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.

About 70 to 80% of the sales are from International wholesale and store orders obtained from agents and 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 P4M with an average net income margin of 30%.

The owner is looking for an equity partner who’s involvement will help increase international exposure by joining more trade shows & also speed up production to meet the growing retail and wholesale market demands.  With production improving, retail sales could significantly increase to about 40-50%. The new partner will be involved in the operations of the business, while the owner can focus more on the design aspect and retain creative freedom.

Asking Price of P5.5M for 40% ownership of this exciting global endeavor. 

Manila-Ortigas Center
maria.morris@linkbusiness.ph
+63 2 900 8000
+63 995 971 8683

Maria Morris

Enquire Now
Manila-Ortigas Center
roberto.narciso@linkbusiness.ph
+63 2 900 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.