8 Year Old Gowns Rental Business For Sale

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 

Revenue: $1,580,000 

Net Profit: $145,000 

Company Type: Private Limited 

GST Registered: Yes 

Years In Business: Since 2011 

Owners Role: Managing 

Location: Central 

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