 | Profitable Menswear Business For Sale Fraserburgh, Grampians, United Kingdom Advert ref: A173 FINANCIAL DETAILS | Asking price: £69,950 Sales revenue: £170,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Duthie & Bruce is a long established and profitable menswear business in the busy Aberdeenshire town of Fraserburgh. In the ownership of the same family since 1959 it has an excellent reputation in the surrounding area selling all types of menswear from designer suits to accessories. The business stocks local school uniforms and supplies the Fraserburgh football and golf clubs with official branded goods.
This is a well managed and profitable retail business enjoying sales growth of 40% in the recent trading year and a loyal customer base.
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GENERAL INFORMATION | Years established: 48 years
Employees: 2 part-time
Trading hours: 9am - 5.30pm Mon-Sat, half day Wednesday.
Property: Leasehold
Lease terms
The current owner is willing to offer a new lease with incentives. Rateable Value £5,700.
Living accomodation
The premises comprise the ground and first floor of a four storey granite building. The spacious interior comprises a modern, well fitted retail unit recently refurbished with new carpeting, ceilings and air conditioning.
The ground floor of approximately 46m2 (495sqft) has an open stair leading to mezzanine sales floor of approx 19m2 (205sqft). The first floor sales area with open outlook is approx 45m2 (484sqft) and has an office and a separate store of approx 8m2 (86sqft). The basement WC and store area of approximately 19m2 (205sqft) provides a total internal area of approximately 137m2 (1,470sqft).
Location
Fraserburgh lies approximately 40 miles north of Aberdeen on the A90. A commercial fishing port the town has a resident population of around 12,000. Saltoun Square is a key car parking area in the heart of the town centre.
Competition / Market
Duthie & Bruce is the only menswear business in Fraserburgh.
Support & training
Full handover and support will be given
Reasons for selling
Retirement
Financing available
To assist with your business purchase The Business Partnership offer a range of competitive credit packages from a wide range of banks and finance companies.
Related documents
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The Business Partnership - Scotland - Central & West | | | |
