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Retail Clothing - Is it a good time to purchase a high end trendy fashion boutique?

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Answers (3)
Buy-a- Company

90% of these go broke in the first 2 years (as soon as their capital runs out). Lots of work, lots of frustrations (sizes, returns, credit cards, snooty shoppers, theft, out-of-season-or-trend product). Not to mention finding the right product mix for that demo. Be prepared to work 60+ hours per week.


Sep 22, 2010
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Freedom Business Brokers
Orange County, CA

In this economy it is not advisable to enter into a new venture unless you are familiar with the business.
To sell the trendy clothes you should be familiar with the latest trend as well as the demand of the local clientele. location plays a very important role besides this, as if it is inside a closed mall or on beachside or pier location then the other factors are not that much in force and emphasized. Then you
may learn eventually by trial and error method.

Sep 22, 2010
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The BAF Group LLC

IF you are EXTREMELY experienced; IF you are EXTREMELY, financially backed; IF you have THE perfect location; IF the demographics in that area are perfect; IF you do not believe that there will be further economic setbacks in that area, such that your market will not abandon high end, trendy clothing for more "meat and potatoes" kinds of exepnditures, including mid-to-low end clothing; AND IF you feel the trend is not going to bypass you, or you are in position to move with the next trend...

then you might be okay. There are other considerations, I am sure. But that is one of the riskiest businesses out there, under the best of circumstances!

Sep 22, 2010