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**REDUCED** Established Ladieswear Retailer in London **Open to Offers**

Southwark, London
Advert ID
R05622 / Rightbiz
Leasehold Price: £35,000
Annual Turnover: £78,000
    Assortment of products

    Busy location

    Loyal customer base

    Healthy revenue

    Potential for growth

Intelligent Business Transfer are excited bring to bring to the market this highly-regarded business which has cemented a strong standing in the area it resides as a retailer of traditional African garments and authentic produce. Established 14 years ago, the business has been operating six days a week and has consequently generated high annual income in excess of £78,000. Having nurtured the business since its conception, the current owner is now looking to retire and pass on this profitable platform to a worthy buyer. It would be an ideal purchase for an owner-operator and would also benefit an existing company looking to expand through acquisition into this geographical area. This business is bursting with further growth potential and a new buyer could drive the business forward through implementing a number of changes. Through expanding the product range to include male garments as well as clothing for children, the business could attract further patronage and effectively grow the customer base. Through acquiring planning permission, the new buyer could change the use of the shop to accommodate their own business. As well as this, through online advertising via an e-commerce website and through social media, the business could boost its exposure and efficiently make sales online to customers across the UK. Listing on popular sites like eBay and Amazon would also be beneficial for growth. Intelligent Business Transfer are searching for a suitable buyer. The vendor is willing to aid the transition to new management.
Listing Details
Location: Southwark, London
Sector: Retail, Clothing Businesses
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Advert Reference: R05622 / Rightbiz

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