086 1222 021

info@scsgroup.co.za

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Designer Clothing Boutique Shop For Sale

R2,800,000

Business Description

This is a unique designer clothing boutique that offers a range of local designers brands. They stock various items of men’s and ladies clothing, leather bags, belts, accessories, etc. The clothing boutique is located in a famous fashion district/road in Cape Town that offers great foot traffic and attracts the right fashion conscious customer demographics. The shop “rents out” sections in the shop to selected designers, which gives them dedicated areas in the shop.

The business has a great brand, its well known under its regular clients and is ready to expand into the online shopping space. This represents a great avenue of growth for a business that has good designers behind the brand. The stock is all on consignment offering the owner flexibility in their cash flow management and enables him to focus effort in Promotions and marketing etc

Business Details

  • Property ID: JT-300
  • Price: R2,800,000
  • Turnover: +/-R4 600 000
  • Actual Profit/Year: +/-R1.1mil
  • Turnover range:
  • Profit range:

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner wishes to focus on other interests
  • Business history: The shop has been trading successfully for years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: Approximately 74sqm
  • Rent & lease terms: +-R 23 017 p/m. Expires in 2020, with option to renew.
  • ASSETS AND STOCK:

  • Assets included in sale: Yes - all shop fittings
  • Value of assets:
  • Stock included in sale: No, the stock is sold on consignment.
  • Value of stock:
  • GENERAL COMPANY INFO:

  • Employees: One permanent and one temp shopkeeper
  • Trading hours: Normal business trading hours
  • Support & training: Full support and training
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape Town CBD
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Johan Taljaard
    0837975678
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