Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Menswear Retailer – Fashion, Formal, Casual & Wedding Wear

LISTING DETAILS
Firms For Sale ID:
24948
Vendor reference:
AB199
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000  
Turnover / revenue:
£150,000
Net profit / cashflow:
Undisclosed
Years established:
7
Trading hours:
Monday – Saturday 9.00 – 6.00 Sunday 11.00 – 5.00
Number of employees:
3

OTHER DETAILS
Reason for selling:
The business is for sale as a result of the vendors’ wish to follow other areas of interest.
Support and training:
The owner will provide full business familiarisation and handover to ensure a smooth transfer of the business to new owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business benefits from a renewable 5 lease with a current lease rental of £35,000 per annum and includes ground floor and first floor retail area with storage and facilities.
 
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BUSINESS DESCRIPTION
Menswear Retailer – Fashion, Formal, Casual & Wedding Wear

Ref.AB199
Location Slough Area, Berkshire
Asking Price £ 150,000

Since inception in 2004 this business has established a niche market in the Slough area with a turnover that is still growing and currently has very little local competition. The business retails a full range of menswear including:

• Fashion wear
• Formal wear
• Casual wear
• Suits
• Wedding wear
• Accessories

They cater to all ages from 1 year old to seniors and all sizes up to and including large sizes. Ranges carried are from basic to designer lables, including some of the best known labels in the industry.

The premises were recently refurbished at a cost to the owner oover £50,000 amd have been completed to a high standard, so there is almost no in going cost to a new owner in respect of the fitting and presentation of the business. It looks both modern, stylish and welcoming. A place that local males of ages will venture into and purchase whilst there.

The shop has various areas of display making the browsing and purchasing both interesting and exciting for the clientele, who return for repeat sales. The shop is also located in a busy indoor shopping mall that is the destination of choice for a wide local area, attracting shoppers of all ages and income.

This is a business that has established a market place for itself and a clientele that is becoming more and more fashion and clothing conscious. A business that is ready for a new owner to take it to the next level.

Expansion Potential
This business is based in an attractive location and could certainly achieve increased sales and profits. The business would ideally suit an owner/manager who could build on this Company’s excellent reputation and relationships with both customers and suppliers.