Summary
- Asking price:
-
€60,000
- Sales revenue:
- €140,000
- Net profit:
- < €250k
- Years established:
- 3
- Employees:
- 3
- Relocatable:
- This business can be relocated.
Business description
Established and profitable boutique showcasing up-and-coming designers of clothing and accessories for men and women.
On Offer:
Complete store content: including all the interior fittings and sales equipment (electronic point of sale and inventory system)
A complete corporate identity: professionally designed logo and corporate identity, website in German / English (16,500 hits in 2007)
Designer clothing stock worth €80,000.
Property information
- Real Estate:
- Lease
- Location:
- Prime position in the central, trendy shopping area of Prenzaluer-Berg, Berlin.
ca. 70m2 store with large window front.
There is strong demand for retail spaces on this street, which has become very sought-after. There are no vacant stores currently available.
Other information
- Expansion potential:
- The current market for this business is buoyant and economic forecasts project
significant growth in the next 2 years.
The business is well positioned and networked to take maximum advantage of this growth.
Good expansion prospects: e.g. by opening further branches or an online store.
- Competition / Market:
- The store attracts strong walk-in trade due to its prime location. It also enjoys word of mouth recommendation and a regular clientele base from all over Europe - testimony to the excellent reputation of the business.
The store has built up a positive image by presenting successful events in Berlin.
- Support & training:
- The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
The staff is highly knowledgeable and experienced.
- Reasons for selling:
- The business is for sale as result of the current owner’s wish to concentrate on other business ventures.
- Trading hours:
- 12pm -8pm
- Inventory / Stock value:
- €80,000