Expanding World Wide known Taylor Business Spain For Sale

Business description

Founded 20 years ago by its actual owner, this tailor business has grown out to be one of the most important manufacturers of custom-made suits and assorted Shirts in Spain and although this company is settled in Madrid it counts with clients from all over Spain and abroad.

Although the actual owner has past his retirement age, this business is expanding and counts already with one “distributor/franchisee”. This business, its know-how and brand name is easily franchiseable all over Spain and even in other countries.

The business counts with a fully set up boutique in the heart of Upper-Class Madrid with separate production premises elsewhere in Madrid Province.

Perfect for a dynamic entrepreneur who is able to sky rocket this idea.

Property information

Real Estate:

Lease

Lease terms:

Boutique: 5.200 Euro/month
Production premises (850m2) 2.400 Euro/month

Location:

Boutique in Upper-class commercial centre in the heart of Madrid.

Other information

Expansion potential:

This company is ready to expand and counts already with one "distributor/Franchisee" and we can assure a growth of at least 3 new franchisees in the first year. We may also say that this is only franchiseable in the big cities. (Barcelona, Valencia, Zaragoza; Santander, Paris, London, Amsterdam.....)

Competition / Market:

Although there exists 1 NEW competitor, focused on low prices and with only one location in Zaragoza. This company is focused on a completely different market, upper-class, sometimes wll-known people where it competes with service (all personell in the boutique are tailors) and quality, both for fabrics as for the finished product. Similar franchises only exist for Custom made shirts.

Support & training:

Owners Son is 5th generation of Tailors and knows all the ins and outs of the business, he would like to stay in the business as tailor.

Reasons for selling:

The owner has already past the retirement age, and the son, who is a splendid taylor, lacks business experience and the drive to make this business expand.

Trading hours:

10-21

Financing available:

Obviously this business has short and long term credits. some of these credits can be taken over, thus deducted from the sales price.