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Listing ID: 1747 Total Viewed: 1674

Established Retail Boutique In Orchard For Women’S Luxury Goods

Singapore

Asking Price : SGD1M - 5M

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1985

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 1

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
Owner looking to retire so to spend quality time with family and doing charity work
Business Description

The retail boutique is helmed by charismatic leading entrepreneur and was first established in 1985. It was the first of its kind boutique to open and had started out at the Promenade Shopping Centre before moving its current flagship store in Orchard in the 90s.

 

The boutique is unrivalled  - and carries the most exclusive and expensive products of it’s kind in Singapore. New designers and brand owners often approach the current boutique owner at trade shows to consider carrying their brands at her shop. This is a clear testament to the owner’s natural intuition for quality products and her hard work in building the brand of the boutique, earning critical acclaim in Singapore and the region.


Potential buyers will greatly benefit from the owner’s extensive experience and background in fashion, retail and merchandising. They will stand to own a steady business, a strong and loyal customer base ranging from the famous and affluent in Singapore, including celebrities, socialites and corporate bigwigs; to members of royalty from the Middle East and Asia, and cognoscenti in Singapore, Southeast Asia, Europe and the US.

 

Exclusive Brands in an Exclusive Setting

The boutique is known for its exclusivity, personalized service, and bespoke pieces, and has carved out a reputation for itself for the last 30 years. Those who have stepped foot in the shop will attest that the boutique provides an environment of comfort and luxury for women to try on the merchandise. Personalized attention to detail, competitive pricing, correct fitting and the reassurance offered by the boutique builds the discerning client’s confidence, making them satisfied loyal customers. 

 

All seven of its brands are exclusive to the shop and customers will not find them sold anywhere else in Singapore. The boutique is also the only shop in Singapore that helps its customers find and modify undergarments to fit their gowns and other custom dresses.

 

Today, 90 per cent of its imported products are of made up of Italian brands– two brands that have deep roots in the tradition of Italian tailoring. 

 

The award-winning boutique has pieces are priced from below SGD100 to over SGD1,000.  The boutique’s accolades includes Best of Singapore; Singapore Service Star; and various style awards over the years.


Information on the owner and brands the boutique carries is available on ask.


Business Operations
Supporting and Training:
Owner will be providing training from selection of product range, product knowledge, direct access to Italian manufacturers, on job guidance, business SOP, Owner will also be introduce existing and potential clients.
Staff:
1 Local
Property Information
Premise Status:
Rent
Rental Fee:
SGD7,000

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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