For sale £145,000 - Clothing
Well known high end ladies wear retailer specialising in Mother of the Bride (and groom) evening apparel and special occasion wear. After 30 years in the business the owner is looking to retire hence the sale.
With an excellent reputation for customer service and stocking the latest fashions and collections from top name designers and brands this exceptional business is looking for new ownership. After 30 years the owner is looking to retire and move the business to new owners who can take the business forward.
The business is run out of triple fronted premises offering plenty of space to display stock and to allow comfortable surroundings for clients to take time to browse and try on the latest fashions and designers outfits.
The business has continued to grow with turnover ca £340K and gross margins over 40% the business generates good profits for the owner.
The current owner runs the business with experienced staff, and would be more than willing to offer their services to an incoming owner to facilitate a proper handover.
The business might suit and existing ladies fashions retailer looking to develop on a second site, or extend their product offering there is opportunity to increase the online presence of the business and to develop the customer base into new areas.
The business has excellent accounts and all financial information will be available on or after viewing.
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, email@example.com