Award winning boutique, steady profit and heaps of room to grow further

Award winning boutique, steady profit and heaps of room to grow further

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Location Details :

Country

Australia

State

Western Australia

City

Hillarys


Industry :
Retail - Clothing/Accessories ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Phone enquiries - please quote property ID 29095.

Manhattan Chic Boutique is a 3-year-old business and won A Best New Business 2021 with Community Vision Australia and Joondalup Business Association Business Award 2021.

Manhattan Chic Boutique has a well-established foundation as a small business. Operating since September 2019, it has found a new niche in the market by offering its feminine apparel and achieving a steady profit.

It is managed by its founder, who is a mum with limited working hours. It is a regretful sale, as the business is well-positioned and the current owner has passionately invested much of her time into establishing this business and seeing it grow each day. The business has the potential to scale in e-commerce, wholesale, and distribution with a full-time operator. Fantastic for someone with a passion for fashion and business. Ideal for owner/operator or an existing fashion company, looking to expand their range.

Key Features & Benefits at a glance:- Ideal for owner/operator or an existing fashion company, looking to expand their range- Decent follower number on social media and growing every day- Spectacular range offering affordable seasonal products, and there is also an evening gown category- Owner leaving due to family matters out of the country, which may take months- Thrives on its customer care and gives all customers the best possible product and service- Can be relocated (lease expires in August, and lease can be renewed subject to Lessor's Approval).

Included in the sale: are all social media accounts, website, stock, security cameras, and all systems. (basically, walk-in walk-out basis).

The business is well-positioned to be supplemented by online sales, with an e-commerce website created but not yet up and running. A scanner and barcode with Square have also been purchased, but are not yet being utilized. The business subsequently presents a fantastic opportunity for growth.

While the location is flexible and offers options for the new owner, the currently boutique premises are extremely well-presented and situated on top of the waters. Hillarys is Perth’s No 1. Tourist destination, with the boardwalk being a particular drawcard. Many come from far and wide to shop, eat, play, or just relax by the ocean. The business is also the only shop in the area selling formal wear, and customers appreciate the service offered. A 5 Star Rating.

The business operates 7 days a week and would thrive with an enthusiastic new owner willing to put in the effort to see this boutique grow. Alongside 1 existing staff member, it is a hassle-free operation, with reliable and fast wholesalers from New York and London.

Get in touch today to find out more about this bustling boutique business.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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