Established boutique operating since 2023
Prime Limassol location
Turnkey operation
Established Italian supplier relationships
Approximately 5,000 social-media followers
More than 250 regular customers
Physical boutique and e-commerce website
Inventory included
Training and handover available
Serious enquiries only
Full information available after signing an NDA
- Asking Price:
- €100K - €250K Furniture / Fixtures included
- Sales Revenue:
- €97,500
- Cash Flow:
- €18,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Annual rent is €8,400, excluding applicable municipal charges and utilities. The business operates from leased premises, and continuation or transfer of the lease will be subject to agreement with the landlord. Further lease details are available to serious prospective buyers upon request.
- Leasehold Rent:
-
€8,400 per annum
- Location:
-
The boutique is located in Limassol, an accessible and commercially active area. The location offers good street visibility and is convenient for both walk-in customers and regular clients traveling specifically to visit the boutique.
- Premises Details:
-
The business operates from attractive leased retail premises with a sophisticated, minimalist and boho-chic interior that reflects its affordable-luxury positioning. The boutique is fully fitted and ready to operate, including custom signage, window displays, display units, fitting facilities and branded elements. The lease is expected to be transferred subject to the landlord’s approval.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business has strong potential to expand through increased e-commerce activity, targeted digital advertising and structured email and WhatsApp marketing to its established customer base. Further opportunities include pop-up events in Nicosia and Paphos, expansion into accessories, footwear and resort wear, and the development of a private-label collection. The established concept could also be replicated in additional locations or developed as a franchise.
- Competition / Market:
-
The boutique differentiates itself from mass-market retailers through its curated selection of Italian fashion brands, personalized styling service and complete “Total Look” concept. Its established supplier relationships, loyal customer base and distinctive affordable-luxury positioning create a strong competitive advantage. Opportunities remain to expand online sales, introduce new product categories and reach customers across Cyprus.
- Reasons for selling:
-
The owner is selling due to increasing professional commitments in other business activities and is therefore unable to dedicate the time required to develop the boutique to its full potential. The business is fully operational and offers an excellent opportunity for a new owner to build on its established brand, loyal customer base and future growth opportunities.
- Trading hours:
-
Monday to Friday from 10 AM to 7 PM except Wednesday till 3 PM Saturday from 10 AM to 6 PM Sunday from 10 AM to 1 PM
- Employees:
- 2
- Years established:
- 2023
Other Information
- Support & training:
-
The owner will provide an agreed handover and training period to ensure a smooth transition. Support will include introductions to established Italian suppliers, guidance on purchasing and stock selection, customer relationship management, styling and sales methods, website and social-media operations, and the organization of promotional events and pop-ups.
- Furniture / Fixtures value:
- €15,000 - included in the asking price
- Inventory / Stock value:
- €30,000
- Relocatable:
- This business can be relocated
