Three Men’s Clothing Retail Outlets For Sale

Business description

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.

Where this business really stands out however is in its capability for merchandising lots of individual collections, rather than several units of the same collections, and more importantly by mixing and matching these collections to offer its customers outfits that can rarely be found elsewhere.

Property information

Location:

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.

Other information

Expansion potential:

The company has earned an outstanding reputation for its honesty, service, reliability, casual and open customer experience, excellent quality products and highly knowledgeable and experienced staff.

Competition / Market:

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.

Support & training:

Full support and training will be provided to the successful purchaser to ensure the smooth transition of ownership

Reasons for selling:

The current vendor has new business opportunities in the Far East.

Trading hours:

Each location opens at the hour’s necessary and in relation to their areas, for the successful trading of each outlet.