About this Business for Sale
Fashion Accessories Distributor for the Millennium Generation
This is 4-year old retail distribution business with great potential to prosper.
It was the Owner’s dream and passion to start a business – a one-of-a-kind product targeting the current generation. It was their strategy to carve a niche market with a unique product as a fashion accessory in order to penetrate the fashion industry.
A fashion accessory which its market would immediately patronize - young ladies ranging from teenagers to the young-at-heart who are fond of hip, trendy and colorful fashion statement.
Previously, the business had a presence in major malls but due to the Covid-19 impact were forced to shut down several branches. A branch is still operating in one of the popular malls in Mega Manila.
Owners add new products and designs every quarter to entice and capture the young market.
Owners have rewritten their business model and resorted to marketing products online. Further, they maintain a database of resellers and also supply to health & beauty shops regularly.
Opportunities for its continued growth include tie-ups with other shops, maximize online platforms, establish more resellers and franchise to other countries to establish an international distribution channel.
Reason for selling, Owner has decided to focus on his consultancy business.
Sale includes the brand, all inventory & stock, assets, database of resellers and partner salons, supplier contacts, an operating website, established social media accounts with a huge following and is turn-key operation!
Are you raring to plunge into the retail business? Take the plunge, get your feet wet and invest in a steal-of-a-deal retail distribution business!
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Confidentiality Agreement for Business OR00525
Between LINK and * (Interested Party) this must be an individual's name, NOT a company name
In consideration of LINK (being any or all of LINK Business Broking Phil. Inc. and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by LINK and specifically Listing ID No OR00498. I/We hereby agree and undertake as follows:
To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
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.
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 LINK;
Not to make an approach to the Vendor of any business disclosed to me by LINK, or the business' staff, customers or suppliers without prior arrangement with LINK and to refer all queries through LINK;
We acknowledge that LINK is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.
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 LINK Business Broking Phil. Inc. as the case may be;
If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify LINK against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.
That all information is received for no other purpose than the evaluation of the investment potential of the business;
If I decide not to proceed with the investment, I agree to immediately return to LINK 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);
Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and each email response to the other or their representative will constitute offer and acceptance, and satisfy the requirements of the Electronic Commerce Act of 2000.
Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser
Seeks legal advice.
May or may need to seek technical or other advice and information.
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