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Successful Lingerie Store In Dublin For Sale

Dublin, Ireland
Asking Price:
€400,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€594,168
Net Profit:
€147,036

Located in Dublin, this lingerie business stands as an emblem of sophistication and allure. With years of curated expertise, they have mastered the art of enhancing confidence and embracing femininity. Their boutique boasts an exquisite collection, ranging from delicate lace to luxurious silk, catering to every taste and occasion.

Through personalised consultations and impeccable customer service, they have earned the trust of a loyal clientele, becoming their go-to destination for intimate apparel. Their prime location ensures a steady flow of foot traffic, while their online presence expands their reach both domestically and internationally.

As a flourishing enterprise, this business is primed for seamless integration into any discerning entrepreneur's portfolio. Embrace this opportunity to own a revered brand synonymous with elegance and grace in the heart of Dublin

Property Information

Premises Details:

The business specialise in bra fitting and solution wear advice. They provide a premium service for discerning customers and are a service led company, focusing on excellent customer service and harnessing long-term relationships with their clients. They have become renowned as the place to go in Ireland and have customers travel from all corners of Ireland to visit their store each year. It has become a destination for excellence and is recommended by every fashion retail outlet in Ireland. The business has a wait list every day for their service and their online booking form has become invaluable at reminding their customers when they are due another fitting, creating more regular repeat trade.

Over the last 18 years, the owner has taken the business from a one-person show, to a hugely successful and profitable enterprise with 10 employees. In that time frame, the owner built their brand from scratch and have taken it to very impressive heights. The new owner will be walking into a turnkey enterprise that will require minimal investment for terrific return.

Business Operation

Expansion Potential:

Additional retail outlets - Customers come from all parts of Ireland to experience the excellence and quality o show within this business. The common question that come from travelling customers is whether there is another location or not. Areas such as Cork, Donegal and Drogheda are specific hotpots of travelling customers and also have large populations which could support additional outlets.

Online Presence - There is an existing website in place that requires additional investment. By adding more sophistication to the business' online presence, a new owner will attract a younger clientele to the brand who have moved away from the traditional retail experience of visiting the shop.

Competition / Market:

The business has no direct competitors within its immediate vicinity. Larger outlets offer similar services but differ massively with regards to the quality of both their product and service.

Similarly, in relation to online offerings, there are a large number of small competitors that do not affect this business' presence whatsoever.

This lack of direct competition in both retail and online is a very attractive factor for a new owner to avail of.

Reasons for selling:

other ventures

Trading hours:

10-6 m-sat

Employees:
10
Years established:
2006

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€80,000 - included in the asking price