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This is a new/green-field franchise territory for sale, not an existing territory re-sale.
Business is founded as a tie and pocket square startup company, that operates off an online retail store. Sells bespoke ShweShwe ties, which can flourish in today’s world of online marketing. The has an existing existing brand base of over 10 000 followers and has operating innovative revenue streams in place.
The startup company is 100% ready to enter the market, and has converted sales already.
Does not have premises, but works off an online store.
The business will expand, to being more than just a tie and pocket square company, where it will incorporate all aspects ShweShwe outfits and really disrupt the fashion environment, the company has a proven track record in this.
The potential is huge, with estimated revenue in year 1 being over R 100,000. It is a online fashion accessory store, which is emerging into a market space, where online shopping is just starting take considerable market traffic and demand.
Has an existing brand audience of over 10K and with that a head start, into accruing revenue from month 1. Building the online store and going the online route, is where businesses are aspiring to be, as the consumer databases are online and their interactions are driven through Facebook, Instagram and not markets and actual shopping. One can target a more specific audience through social media, thus having the ability to present to people who are actually interested in the product, and one can advertise in such a way, to ensure sales.
Has a franchise potential and and viral potential, due to the nature of the brand setup, which can all be run by a individual and does not require a team.
The reason for the sale is that this is a ongoing passion project, and I would like to hand it over to someone who can take it and really monetize the existing brand and social media platform, resulting in a real disturbance in the fashion world.
Support and a training session will be provided for media campaign management, future brand strategy and business strategy, for the brand specifically.
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