Retailer of Leather Clothing, Footwear and Sports Clothing For Sale

Business description

Turner Butler is delighted to be able to offer for sale this long established family business which has never before been brought to the market.

This business has been grown organically by the drive and dynamism of its Managing Director. Over the previous 19 years the business has steadily grown until today, where the company now has retail shop premises located in Suffolk (2), Hertfordshire (1) and London (1). The product offerings of the company have also grown throughout these years, to today, where most of the lines offered are exclusive to the company. These being an extensive range of leather clothing, footwear and sports clothing.

Equipment:

All fixtures and fittings relevant and necessary to sales in the different locations, are included in the sale package being offered. The company also currently utilises a computerised payroll and acounts package utilising the very popular SAGE software.

Customer Service:

The company’s long standing background has built up a truly excellent relationship between itself and its customers, with much repeat business stemming from their renowned quality of customer service and after sale service.

Key Strengths:

The key strength of this business is undoubtedly its strong connection with the region stretching back over 19 years.

Property information

Property:

Leasehold

Lease terms:

Rental values naturally vary between the locations, and we are led to believe that annual rental values vary between £26,000 and £30,000 approximately, at the different sites.

Location:

The company currently operates from the four previously mentioned retail premises sites. Rental values naturally vary between the locations, and we are led to believe that annual rental values vary between £26,000 and £30,000 approximately, at the different sites.

Other information

Expansion potential:

A new owner may wish to continue the tried and trusted line of marketing that has been this company’s policy for many years, and yet they may also wish to take the company’s trusted identity on to a new platform with a more diverse marketing policy perhaps encompassing the development of an interactive internet website and stronger advertising presence in the local markets.

Competition / Market:

Although the company has undertaken advertising intermittently in its past, this will undoubtedly be seen as an opportunity by the new owner.

Support & training:

All support and training will be provided during handover, as part of a successful sales package.

Reasons for selling:

This is a genuine retirement sale.

Trading hours:

Monday – Friday: 9.00am – 5.00pm Saturday: 9.00am – 5.00pm