Top Trendy Boutique

Western Cape

R 3 500 000

Financial Information

Detailed financials available on request

This owner-operated boutique was founded in 2000 and started off as an idea to cater to the younger trendy market and has since grown into one of the top boutiques in the Western Cape. The boutique offers its customers the best merchandise which has been hand-selected out of the top brands from local to international. Principle suppliers are FOXWOOD, ELM, ALL ABOUT EVE, STELLA MORGAN, GUESS, ST GOLIATH, RVCA, POLO JEANSWEAR, and SKETCHERS. Situated in a rapidly growing seaside town in the Overberg and surrounded by half a dozen top restaurants, visitors from all over the world congregate here to view the Southern Right whales in play. The store has a trendy diverse client base from all over South Africa and overseas. The average age of the customers varies between winter and summer but both are a young classic market. The target market is middle to upper-class income earners. Apart from the normal chain stores, there are no big competitors in the area. The business is VAT registered. A Poser POS system is in place and the business makes use of a security tag system. A lease agreement is in place for the next five years. The shop assistant is a trained tailor and alterations are offered as an additional service to the clients. If you have a passion for fashion and brand names and want to own an established business in a relaxed environment by the sea, then this business will bring you lots of joy. The selling price excludes VAT and Stock.

Reason for selling

Owner wants to relocate
Annual revenue
R 2,477,408
Stock value
R 0