Lily Whyte is a charming independent boutique that specialises in exquisite lingerie and distinctive gifts, offering a delightful shopping experience in the heart of Howick. Whether customers are looking for everyday lingerie, nightwear, special gifts, bridal lingerie, loungewear, travel essentials, hospital stay items, or comfortable garments for rest home residents, this store has it all.
As a well-established landmark in its location for over 30 years, this business features a prime spot on the main street, strong gross profit margins, and a lean cost structure, ideal for a new owner to step in and build on its success - combining passion with a rewarding income.
The store is supported by a part-time staff member who can independently manage operations for around 35 hours a fortnight, while the owner covers the remaining hours, generating a consistent profit exceeding $100,000 annually. The current supportive landlord, who is invested in the thriving Howick Village retail environment will be open to offering an extended lease to the new owner.
To find out more, enquire with Wendy Liew today 021 212 9534.
Price $144,000 plus stock estimated at $75,000 (Total $219,000)
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