Sector - Sales & Services
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.
- 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.
- The shop is small and at its current position there is no space for expansion.
- The Boutique brand can be expanded by opening more shops in shopping other malls.
- 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.
Contact | Enquire
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
your business for sale
the right audience
More businesses you may like
More similar, inspiring businesses for sale
YNP - R 1,763,397
YNP - R 512,103
YNP - R 359,104
YNP - R 9,200
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Unlike other businesses, the online venture may not have any tangible assets such as property, machi
Employees drive the goodwill of the business and in the case of a change in ownership represent cont
Though there may be hundreds of businesses being advertised on websites “for sale”, at any given