Listing Number: 60357-898735
Description
This well-established fashion rental company offers an incredible opportunity to own a dynamic, forward-thinking business that has revolutionized occasion wear rental.
Business Highlights
Strong Online Presence: The business boasts over 55,000 Instagram followers and a highly engaged audience, with a 36% email open rate from a database of 7,000 subscribers.
Customer Loyalty: An impressive 39% return customer rate reflects its focus on customer satisfaction and quality service.
Managed Rental Model: The business offers a unique revenue stream through managed rentals, managing circa €156,000 worth of third-party inventory circa €41,000 in owned stock.
Wide Market Reach: Customers can access an extensive collection of over 800 dresses both in-store and nationwide via delivery.
Inclusivity: Catering to women of all sizes, with dress sizes ranging from UK4 to UK26.
Services and Revenue Streams
Occasion Wear Rental: Featuring luxury brands such as Self-Portrait, RIXO, Aje, and Rebecca Vallance.
Managed Rentals: Dresses provided by customers and influencers are rented out, with the owners receiving a percentage of each rental.
Sustainable Fashion: Promoting circular fashion by renting, reselling, and managing end-of-life inventory responsibly.
Key Strengths
Proven year-over-year profitability.
Seamless online booking and nationwide delivery service.
A highly differentiated offering with no need for appointments and the largest social media following in the market.
Growth Opportunities
Expand Managed Rentals: Capitalize on the growing trend of sharing economy fashion.
Digital Marketing: Further leverage the already strong social media presence and email list.
Corporate and Event Partnerships: Increase in-store events and collaborations.
Why This Business?
This is a turnkey operation with low capital risk due to the managed rental model. It's positioned as a leader in the sustainable fashion industry, which continues to grow as more consumers seek environmentally conscious options.
This business is relocatable, flexible, and primed for a new owner to take it to the next level. Confidential inquiries welcome.
Listing Details
- Price: € 0
- Down Payment: --
- Sellers Discretionary Earnings: € 15,806
- Total Sales: € 186,758
- Location: County Dublin
- Inventory: € 0
- FF&E: € 0
- Employees: 2
- Reason for Selling: Life Change
- Category: Clothing
