Top-rated Manchester clothing alteration business for sale
City of Manchester, Manchester
- Status
FOR SALE
- Date Submitted:
24/03/23
- Advert ID
510620
- Reference
B07266 / Rightbiz
- Call Agent:
- Leasehold: £29,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well established clothing alteration business for sale
BusinessPlease quote reference B07266
CoGoGo are delighted to welcome to the market Alteration Studio/Denton Stitches, a highly rated alterations, dry cleaning and tailoring services business in Denton, Manchester.
The business was first established by our client in 2012 and has proven to be extremely popular within the local area, building up an excellent reputation and regular customer base.
Alteration Studio/Denton Stitches has now come to the open market due to health reasons.
The business offers a wide variety of alterations to trousers, jeans, coats, jackets, suede garments, gowns, brides and bridesmaid dresses, evening gowns, zip replacements, leather jackets, dry cleaning and bespoke tailoring.
Key selling points -
- A well established business with an enviable reputation and many existing customers
- Current owners happy to offer a handover to ensure the continued success
- Low running costs with inexpensive rent and no business rates
- Ideal owner managed or partnership business
- Prime trading position in a salubrious area with well off clientele
- All fixtures, fittings and equipment included making this a real Turnkey business opportunity
- A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit due to ill health
- Advertising and marketing campaign
- Maximise the use of social media
- Extend the opening hours
- Introduce a customer loyalty / card scheme
Location
Alteration Studio/Denton Stitches is located on Ashton Road, in Denton, Manchester.
The business occupies a prominent corner position and thus benefits from high levels and footfall.
Premises
Occupies a corner premises on a busy main road. The business is nicely presented and maintained with clear, visible signage.
Ground floor -
- Panoramic windows and glazed door to the front creating a light, airy and inviting interior.
- Counter with feature LED lighting effect and useful storage beneath.
- Window display areas to each side of the door.
- 2 changing booths with curtains.
- 3 work stations with stitching machines.
- Area for the Hemming Machine, Vacuum Boiler, Large Cutting Table
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £700 per month.
Hours
The current trading hours are -
Monday – 10:00am – 6:00pm
Tuesday – 10:00am – 6:30pm
Wednesday – 10:00am – 6:00pm
Thursday – 10:00am – 6:30pm
Friday – 10:00am – 6:30pm
Saturday – 11:00am – 6:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the full time help of his wife.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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