Business Opportunity: Established Kwun Tong Bridal Shop for Sale
Are you looking to step into the bridal industry in Hong Kong? Here’s a unique opportunity to acquire a well-established bridal shop in Kwun Tong, operational for nearly 20 years, complete with tools for prosperity and all collaboration details with European and American bridal suppliers.
Key Details:
- Price: HK$230,000
- Property Details:
- Studio with 1 bathroom
- 663 sqft
- Mid-level in a 35-year-old building
- Located at Shing Yip Street, Kwun Tong
- Near Kwun Tong MTR station
Features & Facilities:
- Facilities: 24-hour security
- Features: Air-conditioning, walk-in wardrobe, city view
Why Sell: The owners, one of whom has migrated after 23 years of full-time management, and the other occupied with other businesses, are offering this opportunity for someone new to take over. A two-week transition period will be provided to facilitate a smooth handover.
Key Selling Points:
- Strong Online Presence: Facebook page with over 15,000 likes and excellent customer reviews. Recently started IG with vast potential for growth.
- Potential Collaborations: Previous interest from ESDLife, Bespoke Wedding, and Bride and Breakfast HK indicates potential for wedding gown rental and photography packages.
- Prime Location: Situated in Kwun Tong, known for bridal and formal wear shops, with low rent and high foot traffic. Independent air-conditioning and restroom for privacy.
- Inventory Included: Extensive collection of European and American bridal gowns, suits, lace qipaos, evening gowns, and accessories valued over $500,000.
- Established Clientele: 18 years of operation with loyal customers and referrals, showing resilience even during the pandemic.
- Ready to Operate: Immediate business operation with existing client base, saving on startup costs and time.
- Diverse Business: Mainly deals in renting and customizing European and American bridal gowns, evening wear, and suits.
- Vendor Relationships: Partnerships with renowned vendors like Chow Tai Fook and local wedding suppliers ensure stability.
- Global Outreach: Participation in international bridal expos like New York allows for expanding collections and customer base.
- Included Equipment: Steamers, air conditioners, vacuum cleaners, and industrial sewing machines provided.
- Digital Infrastructure: Company website, Facebook, Instagram, POS, and Global Payment systems included for immediate operation.
- Supplier Contacts: Over 20 contacts of reputable European and American bridal suppliers and materials vendors, some partnerships exceeding 5 years.
- Professional Network: Contacts of artists, tailors, salespersons, and more can be transferred to facilitate continuity.
Conclusion:
This business offers not only a turnkey opportunity in a thriving industry but also a chance to capitalize on an established brand with robust growth potential. If you’re ready to step into the bridal fashion scene in Kwun Tong, this is your chance to acquire a business that’s already primed for success. Don’t miss out on this opportunity—contact us today for further details and to arrange a viewing.