Business for Sale Overview:
This business has three separate locations; one concentrating on casual wear, based in Middlesex, the other two being traditional jeans stores. The Cambridgeshire and Norfolk stores were both established in 2000, while the Middlesex store was established in 2001. All three have since become busy and profitable stores, run by the vendor from head office and by staff in the individual stores.
Positioned in prime locations in each area, the Middlesex store in a prime retail park, the Cambridgeshire store on the High Street, (and benefiting from a large local student population) and the Norfolk store also in a prime High Street location. Enjoying excellent footfall, these stores offer a range of individual, classy, smart casual clothes and traditional jeans. Buying directly from main agents and wholesalers and operating mainly mid market, this business has built an excellent reputation for Labels more frequently found in the major London Department Stores. Clothes can be found from major designers from throughout Europe.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
One store is in a prime and extremely busy retail park. Another is in a large student area and is located in the busy city center on the High Street, while the third is situated in a prime location on the town center High Street of a busy and historic medieval port.
Details of all leases and rents are available to interested parties, however all leases are secure, ongoing and renewable. One expires in 2011, one in 2016 and the third in 2017.
Market Competition and Expansion:
By far the most cost effective marketing for this business comes from its prime locations and the strong word of mouth recommendation this business enjoys, testimony to the excellent reputation this business has, particularly amongst its regular Clientele.
There is little advertising done at present and there is currently no website for this business. This offers a new owner an immediate area where growth can be achieved easily and immediately offering real growth potential in both turnover and profits.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.