Menswear Shop Gent's Outfitters Shropshire For Sale

Business description

The Business Partnership is pleased to present this traditional Gentlemen’s Outfitters for sale.

Established over 18 years, this business trades on its reputation of quality. They offer a comprehensive range of ready to wear suites, jackets, outerwear, casual wear, shoes and wedding hire. This is complemented by made to measure exclusive tailoring.

Customers have a high average spend and the shop’s reputation leads to repeat business from these customers. Strong growth has been seen with a potential to still double turnover.

Turnover £223,000
Net profit £79,000

Opening hours Mon-Fri, 8:45am-5:15pm; Sat, 8:15am-5:15pm.

Located within a ground floor retail sales unit of approx 750sq ft. with parking. Rent is £6,300 p.a., service charge £1,500 p.a. which includes advertising.

Currently run by the owner and 1 full time member of staff. Although preparing for retirement, the owner is willing to offer an extended handover to a new owner.

Please ask for full details.

Property information

Property:

Leasehold

Location:

Located within a mall in the centre of town along with complimentary boutique style shops.

Other information

Support & training:

A full handover will be arranged.

Reasons for selling:

Retirement sale.

Trading hours:

Mon-Fri, 8:45am-5:15pm, Sat from 8:15am

Financing available:

Yes, please ask for details.

Contact the seller