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Ref NoA509/WJS-05
StateEntire Malaysia
Selangor
Kuala Lumpur
Johor
Penang
Others
LocationEntire Malaysia
CategoryDistribution / Wholesale
Fashion Industries
Retail
Services
 

Footwear Consignment Business for Sale

This business boasts over 40 years of successful trading and now welcomes offers for a sale. The nature of shoe consignment business and specialising in footwear for men, women and children, which operates within departmental stores through counters and employs over 100+ full and part-time staff. All brands are widely known for its matching shoes for men and women, with customers travelling from far afield to purchase their products.

The company take immense pride in offering a diverse range of footwear styles crafted from premium materials. The unique approach to design, which harmoniously blends engineering and aesthetics, ensures that their products exemplify comfort, elegance, and value. This commitment has fostered a dedicated and loyal customer base that continues to grow.

Currently operates over 56 shoe consignment counters with some of the major departmental stores in Malaysia. There are also have a strong presence in both Shopee and Lazada online marketing platform. It creates the perfect platform to expand the business should that be of interest to any potential new owner(s).

Their customers base comprises returning customers as they have been established for over 40 years and have a huge client base across globe from Singapore to Malaysia. The company works closely with finely sourced supplier to bring the highest quality leather and designs to all shoes are expertly crafted by well-known shoe craftsmen, and the business is proud of its footwear and stature in this industry.

With 40 years of maintain strong client relationship, and account data indicating a consistently healthy annual turnover and profit, this year after tax is more than RM2million, resulting in increased online sales and positive customer feedback.

The family run business works closely with factories to maintain excellent relationship with factory owners for beneficial profit margins. Customer return because of quality, brands name, customer service and the in person experience in their store.

The business is ready to handover to its next owner. All internal systems and processes are documented in a handbook along with documented guidance on how you can meet with customer expectations and offer excellent customer service.
 
 
Remark :

Monthly Profit

RM 100,000 - RM 500,000

Asking Price

RM 12,000,000
 
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