Official COVID-19 Information: www.sacoronavirus.co.za
Official COVID-19 Information: www.sacoronavirus.co.za
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LocationSouth Africa, Gauteng

Sector - Sales & Services

Asking Price
R 548,900
Monthly Profit
R 33,973
Asset Value
R 0
Stock Value
R 100,000
Yearly Net Profit
R 407,676

Summary

The Business is a successful supplier of tailor-made ladies fashion wear with products and services to suit the fashion market.

Give me more information

Fully describe the business's activities?

This business sells fashion clothing to a middle and upmarket clientele. It is based in a well-known shopping centre. Over the years it has had broad support from those interested in the latest fashion trends and has attracted a more sophisticated clientele. The Boutique stocks from the most elegant labels in the world, including South Africa, as they are also a member of the Proudly South African Label. The latter promotes and lobbies for the development and growth of South African manufactured products and services that seek to create employment opportunities and stimulate economic growth. They also own a label that is registered in South Africa.

How does the business operate on a daily basis?

The Business is open six days a week to assist clients with their different tastes and fashion enquiries. They can create any garment that customers are interested in to fit in with their unique requirements and taste. This ability to make customized clothing from scratch enables them to develop proper fitting garments independent of the body size or shape of their customers. It is a unique service that the Boutique offers to its customers. The stock is carefully monitored regularly to avoid excess and redundant inventory.

What Advertising/Marketing is carried out?

The advertising is done by the mall and on social media.

What competition exists?

There are other clothing boutiques in the mall, but this shop is well satiated in the mall.

Give a breakdown of staff/ functions/ length of service?

1 x Manager (Owner)
1 x Sales
1 x Administrator

Do any have management potential?

The staff have management potential.

How involved is the Owner in running the business?

The one owner is 100% involved in running the business.

When does the current lease end?

The current lease is for five years, with four years to go.

What are the trading hours?

The trading hours is Mon to Sat 9am to 6pm.

What are the main assets of the business?

The main assets of the business are the shop fittings.

Strengths?

- The shop is very well positioned in a recently upgraded mall;
- The Boutique offers a unique service by designing garments in the shop;
- The Boutique stock from the finest labels in the world including South Africa.

Weaknesses?

- The shop is small and at its current position there is no space for expansion.
-

Opportunities?

- The Boutique brand can be expanded by opening more shops in shopping other malls.

Threats?

- The current economy in SA;
- The negative effect of Covid-19 on business.

What is the reason for the sale?

The Owner runs another business which takes too much of his time to put enough effort into this business to be successful.

Location

Contact | Enquire

Tienie

Tienie du Preez

LocationSouth Africa, Gauteng

Preferred method of contact

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