Overview
Description
Business
Please quote reference B07364
CoGoGo are delighted to welcome to the market PhaseLondon, an exciting online streetwear brand.
With over 36K social media followers of across TikTok and Instagram, this highly sought after brand has more than 8,000 people signed up to the email marketing list.
Monthly releases of a range of streetwear sell out within minutes of the website opening and items can often be found on resale sites for more than double the original price.
The brand was originally set up by our clients in 2019, with the current business model starting in 2020. The brand has built up an excellent reputation and regular customer base.
Promotional videos, professional photography and electronic billboard adverts in London enhance the brands appeal to the youth market. Its image was further enhanced when featured in Vogue in July 2022.
Year on year, the brand has grown in social media followers and sales, now with an annual turnover of over in excess of £30K
The business has now come to the open market due to our clients’ desire to pursue other business ventures.
Key selling points –
- Strong trademarked brand image
- On-line sales model established providing exclusive limited-edition products.
- Products sell out within minutes of website opening
- Exiting youth market
- Instant sales/profit growth potential
- International sales across Europe and the US
Scope to improve –
- Further investment in stock
- Increasing the current range
- Increasing the number of launch dates
- New advertising campaign
Location
N/A
Premises
N/A
Tenure
We are advised that the business is being sold on a Business Only basis.
Hours
Due to the nature of the business, it operates all year round.
Staff
We are advised that the business is run and managed by our clients.
Financial Profile
Further financials can be made available upon request.
Is this business relocatable:
Is stock included:
Listed By: