Business for Sale Overview:
This admirable gentlemen’s outfitters has been in its present location since 1970. It occupies a key location on the high street of a well-known West Country town within easy reach of Bristol and Bath. It specializes in the supply of up market, quality country clothing to an broad base of clients some of whom travel in excess of fifty miles to view the comprehensive items on display. The business buys its stocks twice yearly direct from well-known high quality manufacturers. Its customer base is in the “fifties” plus age market that is increasing in size as the population gets older and people become more discerning in their clothing requirements. As well as the retail outlet the business is very active in growing its customer base by having a strong presence at a number of country fairs and agricultural shows throughout the south west.
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Property Features and Assets:
The leasehold premises are well located with adequate free parking close to hand. The shop and small office cover a total of circa seven hundred square feet at an annual rental of £8750:00.
Market Competition and Expansion:
The opportunities to expand this business lie in developing the available market from the Bristol area and increasing the attendance at the regional shows. Data collection at these events combined with a similar activity at the retail outlet would enable mail shots to be sent to clients detailing offers and the arrival of new ranges. This could be supported by the development of a web site and local advertising in selected country journals. There is presently no advertising undertaken at all.
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.
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