8 Year Old Gowns Rental Business For Sale
Asking Price: SGD $950,000
Well established high-end gown rental boutique for sale. This boutique 8 year old business has good reputation and clientele includes local and overseas celebrities. It also has good reviews achieve 5 Stars review on Google.
The boutique has wide collection of gowns which includes evening gown, bridal gowns, bridesmaids’ dresses, groom's suits and mother-of-bride/groom dresses, prom and gala dinner a total over 2000+ gowns. The business has over 25k followers on social media.We live in the age of the sharing economy.
The gown rental trend has been on the up and up. This business allows sophisticated clients to rent designer clothing and keeping up with fashion’s rapidly turning trend cycles without the insanity of paying thousands of dollars for a lifestyle.Even if clients aren't considering a wedding dress rental, options abound when it comes to evening gowns, hen's night dress, and even options for bridesmaids!
Asking Price: $950,000
Net Profit: $145,000
Company Type: Private Limited
GST Registered: Yes
Years In Business: Since 2011
Owners Role: Managing
Premise Size: 1200 sqft
Monthly Rental: $8,250
Rental Deposit: $16,500 (Included in Sales Price)
Stock: $120000 (Included in Sales Price)
Staff: 3 Full Time, 1 Part Time
Training By Owner: Yes
Reason For Sale: Retiring