A Profitable Classy Sensual Adult Boutique for Sale.
This is a great opportunity to buy an Elegant Adult boutique which has stood the test of time, having been in existence for 7 years. It is a classy, chicque, sensual boutique, eliminating the element of “sleeze” and discomfort, in most other Adult Shops. It is unique. In addition to the magnificent decor and set up, they maintained their level of professionalism and elegance, by providing guided tours, showing discretion and information privately to all customers.
In late 2018 the owners started an Online store, which took time, effort and money to launch. But, it will be worth it, because specifically in this industry, and sex sells, an online store is made for it, and should, with the correct marketing, double the sales.
Another huge potential growth opportunity is to franchise these unique, professional and magnificent stores and the concept, in Johannesburg surrounding areas, as well as in Durban and Cape Town.
Sales for the last year, sans On-Line Sales, were R2.3 million, Gross Profit R1.3 million, resulting in a Net Profit of R514,000 for the year. This should double with the new Online Trading, just commenced.
PRICE: R1.5 MILLION plus stock, based on a P/E of 3.