 | Menswear Shop Gent's Outfitters Shropshire For Sale Shropshire, United Kingdom Advert ref: C1037 FINANCIAL DETAILS | Asking price: £199,950 Sales revenue: £223,000 Net profit: £79,000 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to present this traditional Gentlemen’s Outfitters for sale.
Established over 18 years, this business trades on its reputation of quality. They offer a comprehensive range of ready to wear suites, jackets, outerwear, casual wear, shoes and wedding hire. This is complemented by made to measure exclusive tailoring.
Customers have a high average spend and the shop’s reputation leads to repeat business from these customers. Strong growth has been seen with a potential to still double turnover.
Turnover £223,000
Net profit £79,000
Opening hours Mon-Fri, 8:45am-5:15pm; Sat, 8:15am-5:15pm.
Located within a ground floor retail sales unit of approx 750sq ft. with parking. Rent is £6,300 p.a., service charge £1,500 p.a. which includes advertising.
Currently run by the owner and 1 full time member of staff. Although preparing for retirement, the owner is willing to offer an extended handover to a new owner.
Please ask for full details.
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GENERAL INFORMATION | Years established: 18
Employees: 1
Trading hours: Mon-Fri, 8:45am-5:15pm, Sat from 8:15am
Property: Leasehold
Location
Located within a mall in the centre of town along with complimentary boutique style shops.
Support & training
A full handover will be arranged.
Reasons for selling
Retirement sale.
Financing available
Yes, please ask for details.
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The Business Partnership - Manchester, Cheshire, Staffordshire and Shropshire | | | |
