Intelligent Business Transfer is delighted to offer for sale a lucrative opportunity to acquire this affluent clothing and shoes retailer that stocks a range of quality products.
Set in a busy town centre, the business has garnered a loyal customer base since its inception 55 years ago. This is a fantastic opportunity for those with an interest in the retail industry.
A new buyer could continue to maintain the relationships already established with regular clients who visit the shop. Currently, the business only advertises locally, but a new owner could create a website and increase advertising via social media outlets such as Facebook and Twitter.
E-commerce could also be incorporated into the website making it easier for customers to place online orders and choose between collection and perhaps even delivery of their product.
The shop could also add women’s clothing lines on the first floor and make this a truly all encompassing retailer for both men and women. This could significantly increase the yearly income which currently has a turnover of £230,000.
The business is currently management run and the net profit has potential to be increased by £20,000-£30,000 if it was operated by a single owner, on a full time basis.
The owners are willing to sell the business to an individual possessing the correct drive and enthusiasm to grow the business further.
Around £40,000-£60,000 worth of stock is also included in sale price making this a very profitable opportunity for entrepreneurs looking for affordable retail business.
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