Sold. Independent Formalwear Hire Business With Retail Sales

Independent formalwear hire business with retail sales
Ref.AB218
Location Middlesex
Asking Price £ 65,000
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital in an independent formalwear hire business. The business also sells top quality suits.

Key strengths:

The Company has the following key attributes:

• Leading independent formalwear hire and men’s clothing retail
• Exclusive independent operator in its local area
• Over forty years of successful operation
• Prominent position close to major shopping centres and Tube station ensuring high levels of passing traffic
• Very favourable terms of lease
• Excellent reputation for immediate stock availability and traditional retail values
• Loyal customer base
• Excellent growth and expansion opportunities
• Hire stock of approximately £40,000

The Company provides an acquirer with:

• An excellent starter business for anyone looking to establish themselves in the formalwear hire sector.
• An ideal bolt-on for a business already operating in formalwear hire and looking to extend their geographocal coverage.