Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. Retailer Of High Quality Mens, Ladies And Childrens Clothing And Accessories

LISTING DETAILS
Firms For Sale ID:
24882
Vendor reference:
AB120
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£295,000  
Turnover / revenue:
£1,100,000
Net profit / cashflow:
Undisclosed
Years established:
150
Number of employees:
20

OTHER DETAILS
Reason for selling:
After spending many years dedicating himself to the ongoing success of the business, the vendors has reached an age where he wishes to retire and enjoy the fruits of his labour.
Support and training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Retailer of High Quality Mens, Ladies and Childrens Clothing and Accessories

Ref.AB120
Location Lincolnshire
Asking Price £ 295,000

This family business was founded over 150 years ago and has had a presence in the local area ever since. It has grown to become a significant enterprise with a reputation for the quality of its products and service, offering premium brands such as Ralph Lauren, Ted Baker, Donna Karan and many more.

The business operates from a prime location in East Midlands and has established itself as one of the region’s leading independent luxury brand clothing retailer. Many current customers have been loyal to the business for many years and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail.

The business has always believed in the pursuit of excellence, constantly reviewing and updating its product ranges and service offer, ensuring that valued customers receive the very best service and quality of products.

The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth in recent years. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the product, service and availability is never compromised and that customers are as a result never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth.

Expansion Potential
The current market for this business’s services is steady and is forecast in the near and longer term for continued growth. The business is well positioned to take maximum advantage of this growth as it occurs.