BusinessHilton Smythe are delighted to offer to the market a once in a lifetime, multi-faceted retail business opportunity with barbers and the premises holds a liqour licence.DapperM established itself in Battle 6 years ago by our client whose attention to detail and thinking outside the box created a Concept Store we have never been so privileged to see. Due to his wish to now relocate to France, the business is now being offered for sale.DapperM offers 4 components within a double width period shop unit, tastefully decorated to not only preserve the characteristics of the 4 walls but to cleverly emphasise the stock it carries. The business is split into -
Gentlemens designer wear - a mix of Italian elegance and design with the quirky stylishness of the English gentleman. Collections include jackets, suits, shirts and polo t-shirts, hats, socks, jeans, trousers, shirts and shoes. Accessories includes ties, bags, cufflinks, aftershaves, belts and watches.
Interior Design - arranged in a relaxed and tactile showroom the collections are current and interesting in seasonal colours which includes textiles from Sweden, lighting from the Netherlands and handmade British sofas and ceramics, range of mirrors, glassware, soft furnishings and gifts.
In- House Barbers - introduced to complement the gentlemen's outfitters, the top quality barbers offer the best haircuts, throat shaves and beard trims using the best premium grooming products by Truefitt & Hill. A full advice service is offered including tips on grooming and treatment gift cards
Cafe / Champagne - organised within the same space as the barbering area, customers and their partners, family or friends can share the atmosphere of the store with either a fresh bean to cup coffee, range of soft drinks. The area is enhanced by a private tented area to the rear, ideal addition for the overflow of guests attending one of the many launch evenings arranged.Our client stocks many exclusive ranges not available in other clothing competitors which will be passed over to any new buyer, there has been endless time and thought creating the impressive supplier list which complements all areas of the business.Our clients added the champagne bar and rear sitting area to help with the popularity of the many ticketed launch events they hold to best promote new brands, ranges or designers which has recencetly been removed due to the sellers relocation to France which can easily be restored.We are advised the turnover is split 20% interiors, 60% men's clothing and 20% barbering/bar area. Our client operates in an average mark up of approx. 60%. There is also the opportunity to further grow the interior side of the business by developing an online sales option through the website. Opening Sundays would also add an additional sales day.
The stores strong brand presence reminds us of many successful stores who carefully select both its internal ranges and external designers to complement each other such as Selfridges, Browns, Harvey Nichols and Harrods. As such, an opportunity to Fastrack and purchase one of the country's pioneering concept stores will undoubtedly create much interest and early viewing is advised. The business would be ideal for -
LocationDapperM Concept Store occupies a highly visible and highly distinguished double retail unit on the High Street in Battle, East Sussex.The multi-faceted business sits along a busy parade of independent retailers, cafes, bars and restaurants as well as the major High St banks and branded retailers and supermarkets.Battle is a small town with a large history, being famously known for being the site of the ‘Battle of Hastings’, where William, Duke of Normandy defeated King Harold II to become William I in 1066.It lies 55 miles South of London, 32 miles East of Brighton and 24 miles East of Lewes.The town centre is 5 minutes from the A21 which takes visitors up to the M25 motorway system.Nearest mainline station is Battle, less than 2 minutes’ walk from the business and there is a large pay and display car park directly across. PremisesMain retail space split into 2 sections - the men's clothing section includes many bespoke and original display cabinets, hanging rails, wall art and feature pieces, original glass service counter with stock control Epos till system and client database. The interior design section creates a working living / display area with original fireplace and quirky shelving units.Rear Barbers / Bar area - includes a top quality barbering chair, sink/ storage unit, several glass display cabinets, a relaxed bar area with industrial pendant lighting, raised bar stools, semi-automated coffee machine, glass fronted drinks chillers and storage units.Rear staff kitchen and toiletRear terrace area - split between an open area with 3-4 tables and chairs which flows into a covered gazebo that contains lower sofa seating, high posing tables and chairs, additional bar servery.Tenure
- Someone relocating to this beautiful area looking for a well-established retailer with exclusive brands
- Someone looking to reduce the pressure of the Gentlemen's clothing seen by having other areas of interests for all the family
- Someone looking to build a new brand and expand a very strong business model
- Someone looking to add on-line sales to a 100% walk in driven trade. The interior design ranges offer pieces not available in the South-east which would appeal to a new market
- Someone looking to reduce the pressure of a single focused business by purchasing as a partnership or family business
- Someone with strong barbering experience, hospitality experience looking for a new challenge
We are advised the business is being sold as a Leasehold with 4.5 years remaining on a 10 year lease paying just £21,000 a year in rent for the 2 units. Current business rates payable are £8,000Hours
MONDAY TO SATURDAY - 10am to 5pmStaff The business is run and managed by our client with the help of 3 other members of the teamFinancial ProfileThe business achieved a turnover in the region of £300,000 in 2018 with an impressive adjusted net profit of around £120,000.