Suits and Tailoring Business for sale in Walsall

Summary:

-          Proof of funds required

-          Huge Potential

-          Prime Location

-          Heavy Footfall Area

-          Unique Opportunity

-          All Fixtures and Fittings Included

-          Excellent Client Base

-          Highly Rated

-          Established Business

Business Description:

Silk Letting LTD are proud to present to the market a one-of-a-kind opportunity. This is a suiting and tailoring business that has been well-built and has managed to gather an excellent client base from the unique services that it offers. This business offers things such as:

Tailoring Alterations

Dry Cleaning

Men’s and Kid\'s Suits

Wedding Dresses

Suit Hiring Services

Suit prices do range between £150 - £250 as this is a high-quality service that is being provided

As well as an excellent client base, this business has also managed to build up a superb reputation for itself with the majority of the reviews that it has gotten being 5 stars. This gives the business a very strong look and brings more attraction, therefore leading to more sales being generated.

It operates from walk-in and passing trade and with all fixtures and fittings included within the purchase of this business, it makes it ready for a buyer to get going right away

Location and Amenities:

Situated within the busy town centre of Walsall, this business is in a perfect location, as it is in a consistently busy area. With it being within the main arcade and with the surrounding of many local amenities, these all help factor towards the amount of footfall gathered within the area, which then leads to a high amount of walk-in and passing trade.

It is very close to local transport links, as the main train station is 5 minutes away, and there is also a bus stop less than a minute away from the premises. This makes it easily accessible for customers, staff, and the owner if they do need to travel to the premises via public transport.

On the other hand, if public transport is not what suits you best, then you will be glad to hear that there are plenty of parking spaces outside of the premises which are accessible to both staff and the customer.

Growth Potential:

Although this business is already a success, there are still many ways in which a buyer can expand.

For example, the business doesn’t currently have a website which leaves room for a buyer to fill in this gap. Doing this could help a buyer promote their services online and allows customers to find and reach the list of services that the business provides from the comfort of their own homes rather than having to travel to the store. This can help cut a lot of time and help attract a lot more customers who know what they want. This will also help remove the timewasters who enter the shop looking for a service that the business doesn’t provide and help increase genuine sales.

Another way in which a buyer can expand is by launching this business on different social media platforms such as Tik Tok, Instagram and Pinterest. These are all great platforms to scale a business to a wider audience as social media helps you find your right audience and even helps you reach more clients. It is also a good way to present the business\\\\\\\\\\\\\\\'s products and show how they conduct their service. Having a well-built social media platform, makes the business appear more professional and stronger.

Financial Profile:

Tenure: Lease (Rents Property Only) – 3 years left remaining on the lease.

Turnover is available upon request.

Property:

The premises consists of 2 floors, with a ground floor and first floor. The business is widely set throughout the first floor where it showcases all the suits and wedding dresses that the business has to offer. This helps catch the attention of any potential customer right away as they are greeted with such high-quality products.

The first floor, however, which is only accessible to staff is still quite large. It gives staff a comfortable space to work in and it consists of a stock room, a kitchen, and a toilet.

Security Features:

This business is fully equipped with 4 CCTV cameras on the inside of the premises, 4 along the outside of the premises, shutters, and an alarm system.

This ensures that the safety of the business is always kept whilst attended to and unattended.

We truly advise our buyers not to miss out on this unique opportunity!

Fixtures and Fittings:

All fixtures and fittings are included within the purchase of this business, which gives the buyer a huge advantage as this does assist them towards an easy takeover.

A full list of assets is available upon request.

Staff:

This store is owner run, which means that no staff will be coming with the purchase of this business.

However, this is not a worry, as it creates the chance for a buyer to build a whole new team from scratch and build an efficient work force.

It is currently trading:

Monday – Saturday: 9:00 am – 5:30 pm

This business does not have any trading restrictions, which means that a buyer can stay open as long as they like.

Reason for the business sale:

The owner has decided to sell the business due to other commitments, which creates the perfect opportunity for a buyer like you to continue the ongoing success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.