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Ladies Fashion Retailer Clothes Shoes & Accessories Regional Independent With Four Outlet

Undisclosed Relocatable
Ladies Fashion Retailer Clothes, Shoes & Accessories Regional Independent with Four Outlets Confidentially offered for sale Ref No: AB139 Location: Southern Ireland Four Leasehold Premises Asking Price: Open to offers
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71060
ADVERT IMPRESSIONS : 30,083 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Cloths & Fabric Shops
SALE: Agent Sale
 

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BUSINESS DETAILS:

Business Profile:

This profitable ladies retail business operates from four retail units situated in prime locations. The company’s stock includes branded merchandise and own brand manufacture with 15% bought in from Paris. The extensive range of International brands feature fabulous ladies fashion. Aimed at the 25 + age group the stores showcase the extensive range of quality fashionable clothing, shoes and accessories.

The business has an established trading name and unique concepts to attract shoppers. Building on their considerable experience within the retail sector, the owners of this business have built up this chain of four independent ladies fashion retail outlets, deliberately chosen for their excellent positions.

The business has excellent supplier relationships with International manufacturers, retailing fashion for the middle to high end market, attracting customers back with regular arrivals of new stock. The full range of fashion, footwear and accessories is complimented by the wide range of accessories.

With a turnover in excess of €2.5 Million, generating gross margins of circa 40%, this opportunity represents an excellent opportunity for an investor to become a major regional independent fashion retailer operating successfully in Eire.

Customer Service:

This business is dedicated to providing 100% customer satisfaction, with staff making every effort to fulfil the requirements of customers. This willingness to “go the extra mile” generates repeat business and customer loyalty.

Key Strengths:

This is a very well managed business utilising all the best techniques learned by the owners throughout the years they have been involved in the retail trade. The stores are established and offer head to toe retail ladies wear. All stock is fully computerised and bar coded and there is an electronic point of sale system.

A primary strength of this business is the centralised distribution plus its broad portfolio of popular fashion brands (both own label and bought in). This combined with convenient locations gives it a competitive advantage.

Growth and Expansion:

This is an outstanding opportunity for someone wishing to add an existing successful chain of stores to their own – it is very seldom that four outlets are available.

Employees:

Ten full time staff
Four Shop Managers
Ten Sales Assistants
Part time Sales Assistants, as required

Advertising and Marketing:

This business has an excellent reputation and has not found the need to advertise on any significant scale. The advertising that is undertaken is targeted towards the major retail periods – mid and end of season sales for example in the local press. Brochures are placed in store and fashion shows take place twice a year at the change of season. The business has a listing of all customers’ text details for promotions.

By far the most cost effective marketing for this business is word of mouth recommendation.

Premises:

Four outlet stores

Business Hours:

Monday – Saturday: 09.30am – 18.00pm
Sunday: 13.00pm -18.00pm

Security:

Tagging system in all stores

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover €2.5 Million per annum
Gross Profit 40%

Reason for Sale:

Genuine sale the owner is ready for retirement.

Support and Training:

The owner is happy to provide training and support to ensure a smooth transition of ownership.
   
  FOR SALE
   

REFERENCE:

AB139 / RightBiz
   
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ENQUIRIES:

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