For Sale: Established Boutique with a Legacy and Lucrative Potential
Overview:
Discover a unique opportunity to own a well-established boutique that has been a cherished part of the community since 1984. With a loyal customer base and a rich history, this boutique has flourished under its current owner since 1994. Perfect for a fashion enthusiast with a passion for travel and design, this business offers a vibrant mix of products and strong potential for growth.
Key Features:
- Established reputation with a loyal clientele built over decades.
- Approximately 90% of merchandise sourced from international destinations, ensuring exclusive offerings.
- Significant revenue streams from special events such as weddings and matric farewells.
- Inventory valued at R1 million at cost, providing a solid foundation for sales.
- Very favourable lease terms, making it financially advantageous for the new owner.
- Trained staff in place to assist the new owner, ensuring a seamless transition and continued success.
- A dynamic atmosphere that celebrates modern trends and encourages creativity.
Why Buy This Business:
This boutique is an exceptional investment opportunity for anyone looking to enter the fashion retail industry with an established brand and customer base. With favourable lease terms and a dedicated team ready to support the new owner, the potential for growth is vast. This is not merely a retail venture; it's a chance to carry on a legacy while enjoying the rewards of a business fueled by passion for fashion, fabrics, and design. Embrace this opportunity to make your mark in the world of fashion!
(Asking Price Excludes VAT)
Asking Price: R1,675,000.00
ROI: 20%
Monthly T/O: R116k
Monthly NETT: R30k
