Jul 11, 2019 — This successful mini-chain of women’s fashion apparel has been in operation for 15 years in 3 of the most popular shopping destination areas of the city. The shop caters to creative professional women with business casual and casual merchandise and has become a favourite among 35-50 year-olds. The locations are in prime spots within 3 of Toronto’s trendiest neighbourhoods that feature high traffic and shoppers that are “ready-to-buy”. The leases are all secured for several more years and with its loyal customer base, expects to extend it’s steady growth for a long time. The extensive inventory of moderately price merchandise is all recently acquired and in-demand. The company also designs an in-house brand that enables higher margins to be achieved and differentiates the store from competitors. The friendly and experienced staff make all customers feel very comfortable and are very professional at encouraging sales. After several years of improving systems and procedures which yielded improved results, the founder and current owner is ready to move on to other ventures. This is an ideal opportunity for a young entrepreneur who has a keen interest in woman’s fashions. This is a well organized business with an extensive operations manual. A new owner can be easily trained on these systems.
COMPETITION AND MARKET: Fashion retail is a competitive business. However, this store has remained competitive by focusing on comfortable, fun and affordable merchandise. The styling is unique and has resulted in a growing, loyal customer base.
GROWTH POTENTIAL: All three locations are situated in prime neighbourhoods of the city, ensuring access to strong consumer markets. Further growth will be achieved through increased local and digital marketing.