Established Fashion Retail Hub in a Prime Location

Description

Business type: cultural fashion and lifestyle retail

Location: metropolitan area

Financial performance

Monthly sales: approximately $36,000

Monthly rent: $1,505

Average electricity cost: approximately $100

Products and services

Ethnic apparel: established

Jewellery: established

Wedding supplies: established

Lifestyle products: established

Stitching services: available

Outfit hire: available

Premises

Floor space: spacious

Kitchens: multiple

Offices: included

Bathrooms: included

Lease: long term

Foot traffic: strong

Customers

Community recognition: established

Customer base: families and diaspora communities

Marketing

Online presence: established

Digital marketing: active

Growth

• Expand online sales
• Increase delivery reach
• Use food truck for events
• Extend trading hours
• Add cultural workshops
• Develop event services

Sale

Sale reason: owner focusing on other ventures