Opportunities

Return to all opportunities

Fashion Design & Distribution Opportunity

Tauranga based but relocatable

$700,000 - Bay of Plenty

#110920

detail

The business designs and distributes its own fashion label of women's clothing and has been trading for over 15 years. The label is perceived as being of high quality, with a focus on using natural fibres and seasonal colours creating its own brand speciality.  Each collection is thoughtfully designed and considered with a focus on fit, feel and function.

The business has traditionally produced a summer and winter catalogue and is currently finalising the selling of its 2020 summer offering through the online store. They design and distribute their medium to high end label through successful boutique retail stores in NZ and has over the past 3-4 years developed an online store which is fast becoming an essential part of their sales offering.

The business is made up to four components:

  • Design carried out by the Owners
  • Manufacture/Production is outsourced within NZ
  • 70% of sales are through boutique retail stores
  • Online sales are managed by the Owners distribution being managed from their small holding warehouse

The business has chosen for logistical and marketing reasons to have their label manufactured in New Zealand and this has had a positive spin in promotion and sales. However, the owners believe the label's design and aesthetic are the predominant reason for its brand loyalty and if a shift to offshore production was to take place it would not have an adverse impact on sales.

The streamlined but flexible operation of this business presents an ideal opportunity for either a design/fashion experienced couple or a fashion interested person who could employ a designer.

The business has shown consistent sales growth over the past five years resulting in a healthy bottom line profit.  The Owners are agreeable to discussing a suitable handover transition and assistance package.

Net Surplus $374,000 (Y/E June 2020) EBPITD


Contact: Kevin Kerr
Office: Tauranga

Confidentiality Agreement for Business Reference 110920, Broker Name Kevin Kerr

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. We acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*