Exclusive Z Collection Ladies Clothing Business in Southend on Sea, Essex for Sale
Southend on Sea, Essex
- Status
FOR SALE
- Date Submitted:
15/08/23
- Advert ID
518096
- Reference
12895_J / Rightbiz
- Call Agent:
- Leasehold: £94,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Exclusive Designer Ladies Clothing Business
BusinessCoGoGo is delighted to introduce to the market Z Collection. The only ladies clothing designer offering this unique label with 35 year’s trading history.
This specialist clothing outlet offers high-end bespoke clothing and accessories for the over 45’s wanting something not available on the high street in size and design that suits their requirement and size.
We believe there is potential to easily triple the current turnover by introducing internet sales. The business has an outstanding reputation for the quality of garments and professional service with a customer base of over 800 loyal clients, with an average spend of £500 per client per visit and clients travelling from over a 150-mile radius.
The store is immaculately presented with the garments tastefully displayed throughout. Z Collection offers outfits for both informal and formal occasions such as full outfits for the mother of the bride, long cruise ship holidays, christening, parties, social gatherings and a good range of complementary accessories including hats and jewellery.
All the clothes are measured and made on-site with a team of 3 seamstresses fully trained by our client. Our client is happy to offer a handover of all designs, materials and agreements with suppliers. The business previously offered design and manufacturer of airline uniforms, music group uniforms and choir group outfits, an aspect of the business a new owner may wish to pursue to further income.
We would encourage early viewing of this outstanding business venture which genuinely comes to the market as our client looks towards a well-deserved retirement.
Location
The business occupies a prominent trading position within the heart of the vibrant community in Leigh-on-Sea, Essex.
Z Collection is situated in a prime position within a busy retail parade on the A13, the main thoroughfare through the town and within a heavily populated residential area.
The business benefits from off-road parking to the front and parking at the rear. The nearest bus stop is within minutes of the business with regular bus services running throughout the day.
Premises
The double-fronted premise with large glass display windows.
Retail shop with service counter, hanging rails, jewellery cabinet and 3 changing cubicles.
Management office housing 2 desks, pc and filing cabinets.
Workroom 1 – large worktable, material store and design store.
Workroom 2 used as a manufacturing and sewing room.
Kitchen.
Staff toilet.
The business benefits from off-road parking to the front for 3 cars and a further 2 spaces to the rear.
Tenure
We are advised leasehold on a rolling lease arrangement, with terms to be agreed. Rent is £16,500 per annum.
Hours
The business currently opens: -
Monday to Saturday 9.30am -2.00pm
A new owner may wish to look into extending opening hours to further income.
Staff
The business is owner run and managed with the assistance of 3 members of staff working 30 hours a week.
Financial Profile
Contact CoGoGo.
Contact Agent
Listing Statistics
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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.
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