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Business For Sale
CLOTHING RETAIL OUTLETS
Attn:
Andrew Hudson
Birmingham, United Kingdom, GB
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Listing Number: "AB122"
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Listing
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Asking Price: |
$1,250,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Yearly Revenues:
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$3,250,000 |
Business for Sale Overview:
This business has three separate outlets, all in prime high street locations, one in Birmingham, (twenty years), one in Romford, (five years) and the final one located in one of the most prestigious roads of London’s West End, (twelve years and was recently refurbished to a very high standard, befitting its location).
This business is ideal for franchising or expanding directly to other areas with strong name recognition and own branded clothes in store, alongside other known labels. The owners three year plan shows one own new store, expanding into internet sales and franchising will produce early results in the region of £2 million profit. Providing a strong and sound business and financial base, ideally situated for further expansion.
Buying directly from main Agents, and operating mainly mid market, this business has built an excellent reputation for Labels more frequently found in the major London Department Stores. This is a specialist retailer offering a large range of men’s formal and leisure clothing, at the mid price range.
Property Features and Assets:
There are three premises each situated in prime main high street locations. One is in Birmingham, one in Romford and one in a prime location in London’s West End. Details of all these successful and profitable sites are available.
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 virtually no current advertising undertaken, nor is there currently a website. There is little doubt that with a sales and marketing strategy in place and a professionally designed web or e-commerce site, that the turnover and profits of this business could increase quickly and substantially.
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