Offering a 12yr old reputed Designer Boutique based in Pune
About Business
LINE OF BUSINESS - A couture brand that offers custom-designed outfits. Bridal wear, Wedding wear, Traditional wear, Festive wear, Indo western wear, Fusion wear, Party gowns, Indian gowns, Bridesmaids dresses, Sarees, Designer Lehengas and Saree Refurbishing.
Customization service helps a client create the outfit of their dreams with skilled craftsmen who work in precision to the demands and vision.
Clientele type
Tailoring , Designing, Customization, Refurbishing, Fabrics and Retail products Boutique brings along a legacy of 4K + client phone numbers. Word of mouth & referrals by existing clients is a strong source. for new client acquisition. Regular inflow of work amidst the Covid pandemic is a sign of LOYALTY and TRUST of the boutiques existing clients.
Premises
AREA & AGE OF BUSINESS - Boutique is spread across 1000 sq ft built-up area with ample open personal place outside. It started its operations via exhibitions in the year 2010 followed by opening a physical store in the year 2012. Overall 10 years of existence in the market.
1.Location & Landmark: This boutique is at one of the prime and cosmopolitan locations named NIBM of Pune city serving a very good clientele. Located OPPOSITE a reputed International school, NEXT to an International grocery store and BELOW a 14yr old renowned premium Salon. The boutique is situated in a high footfall area.
Asking Price Includes
1. Infrastructure & Machinery 2. Inventory 3. Goodwill 4. Present Value of Future Cash Flows
Reason
Offering a Designer boutique (2012), after all lows & highs,is now stable & with reputation in market. Reason to be disclosed upon interest
More Details
A reputed 12 yr old boutique with a good brand presence in the vicinity and in pune by means of regular participation in popular Exhibitions across pune. Following are some highlights of the boutique.
1. Smooth Daily Operations: Daily operations, challenges, and other critical aspects of the boutique are run on standard operating procedures. Staff is well versed with Daily internal & external Reporting, Suppliers, Inventory, Stock Management, Wastage control, Customer Service, Tailoring unit, Customer database, Billing software, Cleanliness, Hygiene, and COVID safety measures.
2. Network & Social Media - To keep up with the digital era, Social Media Marketing has been an active tool in sustaining existing clients and acquiring new ones. Facebook, Instagram, Wedmegood, Whatsapp broadcast, SMS are all in active use as a marketing platform. The boutique has a premium client database of approx. 4k+ customers. Participated in reputed exhibitions in pune for branding, sales & publicity.
3. Affiliations - The boutique is a member of the Retail Association of India (RAI), an apex body for the Indian Retail industry. RAI represents offline retailers and online retailers in India. They organize retail conferences, events, workshops & courses, hence the boutique and the team is timely updated with Fashion Industry information by professionals. The journey of the Boutique & owner was published in STOrai (magazine by RAI) under the ‘SME inspirations’ section.
4. Customer Service - The quality of work done has been appreciated by the client’s time in and again. Refer to the reviews on Facebook and Wedmelook.com.
5. Manpower - Boutique has well-trained staff and tailors with good capacity, output, well versed with the daily operations, and comfortable with client interactions. Whereas hiring good Manpower is one of the biggest challenges in the fashion industry. New Hiring, training, gauging their quality of work takes anywhere around 4 to 8 months
The owner has been running this designer boutique successfully since 2012. She also had a good experience of managing an International franchisee alongside for a few years. She plans to step down purely based on a personal matter, reason can be furnished upon your interest. Hence looking for an esteemed buyer with basic fashion knowledge who can take the boutique to the next level with his/her passion.
Lastly, its a good time to invest as some competitors have shut down businesses due to Covid crisis situation. Boutique is now active post lockdown and has started catering to the clients with proper safety measures.
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