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Established, Award-Winning Asian Clothing Boutique in Bolton Available for Purchase

Bolton, Manchester

PHOTO COMING SOON

  • Leasehold: £450,000
  • Turnover: £160,000 (£3,077 Per week)
  • Net Profit: £55,000 (35% Profit margin)

Business Details

Multi Award Winning Asian Clothing Business For Sale in Bolton

Business
Please quote reference B08441

CoGoGo presents a fantastic retail opportunity to acquire a well-established Asian clothing shop located in the vibrant heart of Bolton.

This renowned boutique opened in 2017, and has been brought to market due to the owner's decision to relocate internationally. This shop is ideally positioned in a high-footfall area, benefiting from steady passing trade and a loyal customer base.

Business Highlights:

  • Specialised Offerings: The shop specialises in high-quality Asian wedding and occasion wear, featuring exquisite designs that combine timeless elegance with modern trends. The collection includes ready-made garments, unstitched materials, kids’ wear, and accessories, catering to a broad clientele. Notable collections like the Signorá range and affordable Fundamental line ensure appeal across all price points.
  • Prestigious Reputation: An award-winning boutique recognised multiple times at Britain’s Asian Wedding Awards for its excellence in service and design, reflecting its strong market presence.
  • Custom Services: Unique offerings such as a "Design A Dress" service allow clients to create bespoke outfits, adding a competitive edge.
  • Our client has advised they are adding a new range within the business for a new customer base they are in talks with.
Growth Potential:

  1. Expand Online Presence: Introduce digital marketing efforts (e.g., social media campaigns or SEO) that could further boost visibility and sales.
  2. Increase Product Range: Introducing complementary products like men’s fashion or home decor items might attract new demographics.
  3. Collaborations and Promotions: Partnering with wedding planners or launching seasonal promotions can expand its clientele.
  4. Leverage Virtual Shopping: Strengthen the virtual personal shopper service to cater to a broader audience.
The shop is strategically situated in a bustling area of Bolton, ensuring consistent customer traffic and excellent visibility.

With its strong reputation, diverse product offerings, and untapped growth avenues, this business presents a lucrative investment for aspiring entrepreneurs. The shop is ready for a new owner to take it to greater heights while continuing its legacy of exceptional service and style.

Don’t miss this unique opportunity!



Location
House of Mika Couture is located at 335 Halliwell Rd, Bolton BL1 8DF.



Premises
House of Mika Couture now occupies a prominent double-fronted premises, adorned with eye-catching signage that commands attention. Inside, the boutique boasts elegant display stands, spacious dressing rooms, and an upstairs area also designed for exclusive fittings and consultations. 



Tenure
This opportunity is being sold on a Leasehold basis.



Hours
The current operating hours are:

Monday - Closed

Tuesday to Thursday - 1:00 pm to 7:00 pm 

Friday - Closed

Saturday & Sunday - 1:00 pm to 5:00 pm



Staff
Our client runs and manages this business with the help of 2 full-time staff members.



Financial Profile
This business generated a turnover of £160,000. Full financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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