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Profitable, Established Fashion Boutique with Loyal Customers in Cheshire for Sale

Undisclosed, Cheshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/04/24

  • Advert ID

    610381

  • Reference

    INT3088 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £199,000
  • Turnover: £679,150 (£13,061 Per week)
  • Net Profit: £111,323 (17% Profit margin)

Business Details

Profitable Fashion Boutique in Cheshire


    Established for 18 years, the business has built an excellent reputation for first class service and quality clothing.

    Most customers of the boutique live within a 70 mile radius, thus the boutique has long been a destination boutique. Customers also come from further afield, particularly from London and the South East. Typical customers are aged between 25 and 55 and include many in the medical, legal, banking, and accountancy professions as well as others who are senior in the corporate world or who run their own businesses.

    Every season sees new customers being dressed in this boutique, adding to those who have been loyal since the boutique first opened. It is the relationship with these customers which is one of the critical factors of the success of this boutique.

    As a matter of deliberate policy, the boutique has never sold clothing online. The competitive advantage of the boutique is based on personal service: a knowledge of the customers, their lives, their work, their clothing needs, their tastes, etc.
    Social media, particularly Instagram, is used to generate interest in the boutique and current stock. The boutique has over 3,250 followers. The boutique only follows about 125 accounts. As the current proprietors do not pander to the Instagram habit of businesses mutually following each other to inflate the number of their followers, the vast majority of these 3,250 followers are genuine potential customers.

    This boutique provides a unique opportunity for a small team of new owners. This could be a husband and wife, a mother and daughter(s), friends who share an interest in fashion and business aims. Ideally, the team members should bring complementary skills, for example, selling and merchandising in one partner and admin and accounting in the other. A third could perhaps focus on marketing, advertising, social media and IT.

    This is a hands on business. Experience in fashion and/or retail would be helpful, but is not essential. Please note that the current owners had no fashion or retail experience when they launched this business. This probably means that the ability to think outside the conventions of the industry is also valuable. Determination, commitment, independence, and the willingness to work hard are a prerequisite. In return, here is a business which can turn a handsome profit.
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    Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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    Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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    Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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    Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

    Stay Safe

    Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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    Stay Safe

    Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

    Stay Safe

    Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

    Stay Safe

    The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

    Stay Safe

    Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

    Stay Safe

    Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

    Stay Safe

    Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

    Stay Safe

    Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

    Stay Safe

    Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

    Stay Safe

    Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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    The data showed regarding this advert 'Profitable Fashion Boutique in Cheshire - INT3088 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.