Dress Hire for sale in Cheshire

View the "Menswear, Schoolwear, Formal Hire Business in Wirral For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £52,250 Price Reduced Annual Turnover: £156,000
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Business Description
Aspire is pleased to present for sale this school wear, menswear and formal hire business, ideally situated in a desirable and affluent town in Wirral.
The business is located on a busy parade, which sits very close to the town centre and adjacent to the local supermarket, benefitting from high daily footfall and much passing trade. The shop boasts wide, prominent frontage and there is free on-street car parking across the road. The premises are surrounded by numerous independent and high street shops and businesses and there is easy access to public transport, with a bus stop just a few paces away and the local railway station within easy reach.

The business was established in this location almost 40 years ago by the current owner, and is only now available for sale due to relocation. The owner has developed an excellent reputation in the area, providing superior clothing including school uniforms, menswear and formal hire. The owner also has good relationships with suppliers and stocks a core range on a sale or return basis.
The shop carries uniforms for three secondary schools and one primary school. The business also offers an alteration service and other uniforms are available such as Brownies and Scouts.

The business operates from a ground floor lock up shop, with a sizeable display window and a side entrance door secured with roller shutters.
Internally the open plan sales area is fully equipped for the trade with garment hanging rails to the perimeter walls, along with a central display rack. A long sales counter accommodates the cash register and there are three changing rooms.
To the rear of the shop is a room used for alterations, and there is also a stock room and a staff WC.
A staircase leads down a dry basement, currently shelved and racked and used for storage.

There is excellent potential to enhance the business in numerous areas. Extending the range of stock would increase turnover, such as incorporating new ranges for different schools and youth groups, as well as developing the range of prom wear available. Adding children's footwear would also boost turnover. The addition of embroidery machine would help to expand the alterations department and could offer additional opportunities for supplying local sports clubs with bespoke tops.
It would be possible to increase the customer base by attending trade fairs.

There is a professional website is place, which highlights some of the available stock and services. This could be easily enhanced and used for ecommerce sales and marketing opportunities.

Opening hours:
Monday to Saturday – 9.00am to 5.00pm
Sundays – by appointment

Leasehold business for sale – £52,250

New lease to be assigned
Lease review every 5 years
Annual lease rent – £13,500

Annual business rates – £3,200...will be exempt from April 2017.

Annual turnover - £156,000; GP 52%

This is an ideal opportunity to acquire a thriving and highly regarded business in a walk-in-and-trade condition. Prompt confidential discussions with Aspire are strongly advised.

www.aspirebusinesses.co.uk
Tenure: Leasehold

Location Details:

The business is located on a busy parade, which sits very close to the town centre and adjacent to the local supermarket, benefitting from high daily footfall and much passing trade. The shop boasts wide, prominent frontage and there is free on-street car parking across the road. The premises are surrounded by numerous independent and high street shops and businesses and there is easy access to public transport, with a bus stop just a few paces away and the local railway station within easy reach.

Leasehold Term:

New lease to be assigned Lease review every 5 years Annual lease rent – £13,500

Listed by: Aspire
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Aspire1720
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