Business To Buy

Designer Brand Name Clothing and Accessories Retailer for Men and Women

Northern Ireland, ---Europe
Designer Brand Name Clothing and Accessories Retailer for Men and Women

Ref.AB129
Location Northern Ireland
Asking Price £ 125,000
Asking price includes:

Annual turnover circa £280,000 per annum

Wide range of top quality ‘Labels’
Prime location in an affluent town centre
Established and loyal customer base
All fixtures and fittings
Excellent staff
Goodwill
Business profile:
This superbly presented business retails brand name men’s and women’s clothing and accessories catering for the upper end of the market. This quality fashion store is located in a large and spacious three storey retail unit, which forms part of a large parade of shops, in an established affluent and commercially thriving area with excellent footfall.

Clothing is offered on a limited availablilty basis, requiring the business to hold a smaller amount of stock. Staff have excellent product knowledge and offer a personal service and late night appointments for the growing loyal customer base. Customers appreciate the higher class range of clothing on offer, which is retailed at competitive prices. Customer loyalty is growing all the time due to service , stock and range etc.

The store runs with low overheads allowing for competitive discounts.

Financials

Price: $199,423
Gross Income: $446,613
Cash Flow: $39,876
FFE: $0
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #AB129
Year Established: 0
Financing:
Training: Full support and training will be provided to the successful purchaser to ensure the smooth transition of ownership
Facilities: The store is leasehold. Annual rent is £13,000 with rates of circa £5,850 per annum. The store is fitted out to a high standard with large glass fronted display windows and excellent signage. Located on a prime corner site the store extends over three floors with large display areas and shelving. The ground floor currently retails the men’s clothing range and the first floor retails the women’s range and also has toilet facilities and a store, while the second floor is currently used for storage. The premises have an alarm and security grills fitted.
Competition: By far the most cost effective marketing for this business comes from its prime location and the strong word of mouth recommendation this business enjoys, testimony to the excellent reputation this business has particularly amongst its regular clientele. Current advertising is undertaken through the local press. Investment in a company website could be a potential source for further income as could a targeted mail shot to the customer listing of circa 400 customer names and addresses currently held.
Growth: This business is ideally situated for further expansion. Installation of an EPOS system which is linked to till and stock to monitor brand performance could enhance turnover another 20-25 %. There is potential to develop the ladies range of clothing. The business is already successful with the current collections and there is space on the first floor for new brands to be stocked to enhance the selection.
Business Listed By
Name: Andrew Hudson
Company: Turner Butler
Phone: 01895 25 6000

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Business Listings by: Andrew Hudson

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Property Investment Portfolio 29 properties comprising 115 Residential Rental Units/Flats SE London ---Europe $23,381,360 $0
Specialist Flooring Supplier Exhibitions, Contract & Retail South Wales ---Europe $1,171,889 $0
Quality Control and Component Inspection Company South West Wales ---Europe $321,881 $0
Accredited Modelling Agency for Talent and Models Norwich / Relocatable ---Europe $797,506 $0
Design, Build & Installation of Bespoke Wine Cellars Surrey ---Europe $251,294 $87,291
Rare opportunity to aquire franchised retail outlet for skincare, bath and body products West Sussex ---Europe $533,526 $135,070
Pre-fabricated, top quality windows, doors Oxfordshire ---Europe $3,957,178 $0
Manufacturer, Designer and Fitter of Bedroom and Bathroom Furniture Kent ---Europe $288,966 $148,607
Profitable Independent Tyre Business -Retail & Online Staffordshire ---Europe $99,281 $0
Manufacturer & Installer of Quality Window Blinds Trade & Retail Sales North Wales ---Europe $167,566 $65,350
Freehold Award Winning Dance School & Fitness Studios West Midlands ---Europe $560,465 $0
Automated Garage Doors Specialists Retail, Installation, Service, Maintenance & Repair Kent – Fully relocatable ---Europe $104,176 $0
Installation & Maintenance of Computer Network Systems Milton Keynes ---Europe $1,322,721 $254,877
Leading independent jewellery retailer Henley on Thames ---Europe $113,845 $0
Specialist Print Finishing Business for Gold Blocking and Embossing West Yorkshire ---Europe $374,355 $116,901
Printers of Business Forms and Commercial, plus Digital Colour Work in the Home Counties Bedfordshire ---Europe $773,667 $166,380
Commercial Painters & Decorators South Yorkshire ---Europe $233,352 $233,352
Online Retailer of Limited Portfolio of Special Interest Branded Footwear Berkshire ---Europe $155,261 $77,630
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