www.nzbizbuysell.co.nz/108276
Ad ID: 108276

Menswear Business for Sale Richmond, Nelson

Menswear retail – loyal cliental – established 23 years – owner retiring.

Location:
Asking:
$165,000
+SAV
Turnover:
$450,000

Why buy this Menswear Business

Menswear Business for Sale Richmond, Nelson

The only specialised menswear in Richmond has become available due to the pending retirement of the current owner/operator. Selling socks to suits and everything in between this is a one stop shop for menswear. We offer suit hire, tayloring service and dry cleaning agency. Our cliental is loyal with customers returning for repeart business. All of this differenciates us from the big chain stores. We are currently open five and a half days per week. The store is well positioned on the main street opposite the entrance to the Richmond mall with additional entrance from public car park at rear of building. Established in 1999 the business has been profitable throughout the economic cycles during the 23 years. The asking price of $165,000 plus stock at valuation.

Business Resources

Current ownwer operating with support from 3 part time staff employed for 25 hours per approx. The Landlord has undertaken to enter a new lease with the purchaser. Asking price includes fittings and goodwill. Stock is current. Should the purchaser require the vendor is prepared to provide some ongoing assistance.

For more info
Contact: Warren Ludemann

Warren Ludemann

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