Well-respected Tailoring and Formal Wear Hire Business in Hampshire

Fleet, Hampshire
REF: S06832

Asking Price:
£65,000
Annual Turnover:
£88,614
Annual Net Profit:
£22,618
REF: S06832

Overview

Tenure:
Leasehold
Established:
2009
  • Countless praising reviews
  • Professional online appearance
  • Bespoke, made to measure suits and suit hire
  • Attentive customer service
  • Loyal customer base

An exceptional tailoring business based in Hampshire is now available for purchase by the right buyer.

Offering high quality, made to measure suits to women and gentlemen in a range of styles, the business has gained a renowned reputation throughout the county, as well as consistently high levels of trade thanks to referrals from very satisfied clients. Its popular suit hire service is also responsible for a large portion of the business’s revenue.

Recognised for its professional yet personable customer service, the business goes the extra mile to ensure clients feel comfortable and confident in each of their bespoke garments.

A new owner would benefit from a well-equipped premises in an accessible location, as well as a strong standing in the local area, to continue operating effectively.

The premises has plenty of space for measurements and fittings to take place comfortably. Upon entry, customers are led upstairs to the first floor which hosts a waiting area and showroom lined with various suit jackets and mannequins. Separate fittings rooms are also located on this floor, alongside a stock room and toilet. The second floor contains an office and stock room. With a professional, informative website in place, potential customers can browse the business’s services, tailoring and suit hire services. With over 700 followers on Facebook and glowing testimonials both here and on Yell, its service is highly commended by delighted clients.

All clothing is tailored to each client’s measurements, with a variety of fabrics and colours to choose from, as well as monogrammed initials to add the finishing touch to each piece. The business also offers a superb suit hire service, with a wide selection to suit the occasion, be it a wedding, prom or trip to the races.

This is an excellent opportunity to acquire a reputable tailoring business which, through its immaculate attention to detail and friendly, bespoke service, has gained an unrivalled reputation within the area. Ideal for an experienced tailor looking for a manageable venture or wishing to expand on an existing business, the new owner could take steps to unlock further growth.

Further advertising through other social media platforms or featuring at wedding fairs would be a great way to gain more exposure and attract new clients. Extending the shop’s opening times past 5 pm, potentially hiring another member of staff to allow for this, would also help to boost profits. Expanding its offering with regards to the suit hire element of the business would also be a brilliant way to gain additional revenue.

The current owner would be willing to discuss a transitional period to hand the business over smoothly to its new proprietor.

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  • Close to city centre
  • Heavy footfall
  • Complementary businesses nearby
  • Easily accessible
  • Good public transport links
Rent
£9,204
Rates
TBC
Lease Term
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Lease Expiry
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Square Footage
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Accommodation Included
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Premises Licence
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Property Value
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Planning
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EPC
C 51-75

Annual Turnover
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Annual Net Profit
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Current Ownership
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Number of Employees
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