A Chic Designer Clothes Rental BusinessListing: #OR00258
About this Business for sale in MarikinaA Chic Designer Clothes Rental Business
Grab this opportunity to own a chic designer clothes rental business for P 700,000.
This promising clothes rental business is operated through on-line booking. Customers having a string of events they need to attend like weddings, debuts, formal dinners, etc. can just select from a variety of designer gowns they like and book or rent, instead of spending a lot of money for a gown they may probably wear only once.
There is currently an inventory of about 216 gowns which customers can choose from and which were made mostly by local fashion designers. These gowns can be stored in as small a space as 15 sqms and could fit in a room of a house.
Customers can select from the clothes posted on the interactive website, indicate their preferred color, size and book on line. The gowns are delivered by courier to the customers and they need not go to the store room where the gowns are kept.
Rent of a designer gown can range from P1,500 to P3,000 for a period of 4 days.
Monthly average sales is approximately P40,000.
The owner has opted to sell the business as she has taken on a new full time job and now has very little time to manage the business.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.