Trendy Retail Clothing And Accessories Business For Sale

Business description

This trendy retail clothing and accessory shop is situated in a student friendly suburb of Johannesburg. The shopping centre is very busy and is aimed at the younger shopper. The stores head turning design and wicked fashions have become a beacon to Trendies , Fashionistas and fans of alternative or counterculture clothing and accessories from all over Johannesburg.
Clever marketing concepts such as valued customer promotions, DJ sets and the legendary in-store cocktail bar have ensured that this store has developed a brand loyal and rapidly growing customer base.

Property information

Real Estate:

Lease

Lease terms:

3 year with 10% escalation

Leasehold rent:

R15800 per month per annum

Location:

Situated in a very busy shopping centre in a student friendly suburb of Jhb

Premises details:

In a shopping centre anchored by Pick n Pay Wimpy etc

Business Operation

Expansion potential:

With an owner operator this business can grow from strength to strength

Competition / Market:

This shop is trading in a niche market

Reasons for selling:

Due to the success of the brand the owners wish to franchise and concentrate on opening other stores in various areas.

Trading hours:

weekly 9.00 1800 Saturday 9-00 1700 Sunday 9.00 1300

Employees:

1 permanent 3 casual

Years established:

2006

Other information

Support & training:

Owner will supply all information and training to ensure a smooth take over by new owner

Furniture / Fixtures value:

R85,000 (included in the asking price)

Inventory / Stock value:

R290,000 (included in the asking price)

Relocatable:

This business can be relocated.