Three Retail Stores Casual Traditional Jeans Business For Sale

Business description

This business has three separate locations; one concentrating on casual wear, based in Middlesex, the other two being traditional jeans stores. The Cambridgeshire and Norfolk stores were both established in 2000, while the Middlesex store was established in 2001. All three have since become busy and profitable stores, run by the vendor from head office and by staff in the individual stores.

Positioned in prime locations in each area, the Middlesex store in a prime retail park, the Cambridgeshire store on the High Street, (and benefiting from a large local student population) and the Norfolk store also in a prime High Street location. Enjoying excellent footfall, these stores offer a range of individual, classy, smart casual clothes and traditional jeans. Buying directly from main agents and wholesalers and operating mainly mid market, this business has built an excellent reputation for Labels more frequently found in the major London Department Stores. Clothes can be found from major designers from throughout Europe.

The store specialising in casual wear is servicing the 15 – 35 year olds, both male and female, while the two stores specialising in traditional jeans supplies jeans to all ages and sexes, with all brands being supported. In all three areas the stores have established their name for the ranges and styles stocked, the competitive price labels offered on them and the level of knowledge and customer service offered by the staff. They also benefit from the superb supplier relationships that have been established and created throughout.

Where this business really stands out however, is in its capability for merchandising lots of individual collections, rather than several units of the same collections. More importantly by mixing and matching these collections to offer its customers outfits that can rarely be found elsewhere.

This well run and professional operation is being offered for sale by the owner who now spends most of his time looking after the large wholesale business he has developed alongside this business and now realises that both business’ have reached the point where both require his full time input, energy and focus. After much reflection he has decided to concentrate solely on the wholesale side and is now prepared to offer this exceptional retail opportunity to some one more focused to take it to the next level of its growth potential.

Customer Service:

The business considers simply that happy customers come back and on that simple basis has maintained levels of product and service quality intended to best guarantee that happiness, such as unrivalled value for money. The results of this commitment are evident in the degree of return custom and the choice of this business by new customers over competitors.


Key Strengths:

A primary strength of this business is its broad portfolio of highly popular products and brands on offer combined with the convenient location of the premises, backed up by an impressive selection of styles and sizes of high repute and always being price competitive, gives it its competitive advantage.

The business is an organisation where the vendor has developed and nurtured a name and reputation that has resulted in customer relations founded on a history of trading satisfaction and not contingent upon particular relationships with the vendor himself.

Property information

Location:

One store is in a prime and extremely busy retail park. Another is in a large student area and is located in the busy city centre on the High Street, while the third is situated in a prime location on the town centre High Street of a busy and historic medieval port.

Details of all leases and rents are available to interested parties, however all leases are secure, ongoing and renewable. One expires in 2011, one in 2016 and the third in 2017.

Other information

Expansion potential:

This is an outstanding opportunity to build on the existing business levels, reputation and customer base of this company. With a strong demand for this business’ products, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.

This business maintains an extensive base of satisfied customers, who appreciate the company’s superior products and service. There are many excellent avenues for growth, especially with extra investment in marketing including advertising.

Competition / Market:

By far the most cost effective marketing for this business comes from its prime locations and the strong word of mouth recommendation this business enjoys, testimony to the excellent reputation this business has, particularly amongst its regular Clientele. There is little advertising done at present and there is currently no website for this business. This offers a new owner an immediate area where growth can be achieved easily and immediately offering real growth potential in both turnover and profits.

Support & training:

Full support and training will be provided to the successful purchaser.

Reasons for selling:

The current vendor believes that a new owner is required to take the business to the next level as he has been concentrating more on the wholesale side of his business operation. The retail arm of the business has now reached the point where it requires the full time focus and input that would be given by that new owner.