Sector - Retail
PRICE REDUCED! A designer, manufacturer and retailer of ladies fashion clothing, accessories and gifts currently operating under Level 4 regulations.Give me more information
Fully describe the business's activities?
A designer, manufacturer and retailer of womens fashion clothing, accessories and gifts through a major retail mall and a pop-up store in an upmarket residential area.
A number of local fabric suppliers and two local CMT entities are used to produce the locally prduced fashion clothing.
How does the business operate on a daily basis?
9.00 to 19.00
What Advertising/Marketing is carried out?
SMS marketing and shopping centre related marketing
What competition exists?
Other boutiques in the area
How could the profitability of the business be improved?
More involvement of the owner within the stores
Give a breakdown of staff/ functions/ length of service?
All staff have been with the company for over two years
Do any have management potential?
How involved is the Owner in running the business?
Only involved with the design and sourcing of product
When does the current lease end?
There are two outlets, one in the Menlyn Park Shopping Centre and the other, a pop-up store, in Menlo Park in close proximity to the Spar . The mall lease expires at the end of 2020.
What are the trading hours?
9.00 to 19.00
What are the main assets of the business?
Shop fittings and in-store electronic equipment
A strong, well known and trusted local brand that has been in existance since 2003
Possibly too much,, low cost Chinese product in the fashion range
What is the reason for the sale?
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