Long Established Boutique and Gift shop Based in Chichester
£120,000
£252,339
£64,000
Overview
Leasehold
2002
- Excellent Reputation
- Very Loyal Customer Base
- Well Equipped Business
- Spacious Premises
- Strong Supplier Relationships
This boutique and gift shop, established in 1985, is one of the longest-running independent businesses in Chichester.
Acquired by the current owners in 2000 and incorporated as a limited company in 2002, the shop specialises in ladies' clothing, jewellery, accessories, and general giftware.
With a friendly customer service ethos, ever changing product displays, and exclusive product ranges, it has maintained a loyal customer base and an excellent reputation. Located in a prime area with high footfall, the business attracts both local residents and tourists.
The owners are now looking to retire, offering a unique opportunity for a new owner to take over a well established and successful business.
The current owners are willing to stay on for a month to ensure a smooth transition, making it an appealing prospect for anyone looking to invest in a proven, stress free business with a strong income and lifestyle benefits.
The boutique operates from 9:30 AM to 5:30 PM Monday through Saturday and 10:30 AM to 4:30 PM on Sundays. It has built a solid customer base primarily consisting of females aged 40 to 70, with a mix of local and tourist shoppers.
The shop is renowned for its personalised customer service, diverse product range, and attractive window displays.
It employs 2 full time owners and two part-time staff members, with the owners managing product ordering, merchandising, accounts, and administrative tasks.
The business is ideally positioned near large retail businesses, cafes, restaurants, and one of the largest car parks in the city, ensuring a steady stream of customers.
There is significant potential for future growth through enhanced marketing efforts, particularly via social media and online advertising. Establishing a website could further expand the customer base and increase sales.
While additional staff may not be necessary immediately, the business is adaptable and offers new owners the opportunity to put their own stamp on it.
The shop's prime location and excellent footfall provide a solid foundation for continued success.
Features
Online Presence
- Facebook: Yes
Location
- High Street Location
- Close to Local Businesses
- High Footfall
- Nearby Car Parking