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Popular Franchise Clothing Alterations Business In Bournemouth For Sale

Bournemouth, Dorset
Asking Price:
£25,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£100K - £200K
Cash Flow:
Not applicable

Business
The owner brings to the market this alterations business established in the town of Bournemouth in 2012. The business is part of a large well-known franchise. The owners are now looking to sell the business as they are re-locating and retiring.

This is a franchise business offering clothing alterations, dress re-styling, garment repairs, tailoring, leather jacket repairs and alterations, school and work uniforms, wedding and bridal wear fitting and alterations, prom wear and formal wear alterations. The store also offer a 1 hour express service for zips, hems and minor repairs. There are 2 fitting rooms and a spacious bridal suite. Local deliveries are available to a loyal customer base.

Dry cleaning is also provided through a 3rd party.

Well known bridal shops in the area IE Cherished Bridal. Wed2Be, Pasquale and Courtyard Bridal all refer bridal and bridesmaid alteration work.

Several motorcycle shops refer leather repair and alterations work.

There are a number of large companies in Bournemouth for whom a pick up and delivery service may well be an advantage: JP Morgan (American Bank with 3,000 staff), LV Insurance (3500 staff), AEGIS Insurance, Nationwide and Lush cosmetics to name but a few.

The franchise has an IT system, this allows a garment tracking system with SMS text messages, sent when garments are ready for collection. The purchaser will be provided with full training from the franchisor. The IT system and website comes from the franchisor, which has over 15 other locations across the country. As well as nearly 40 in Ireland.

The franchise has a very good reputation with honest pricing for repairs. It has been successfully advertised in the local Bournemouth newspaper with previous radio advertising, leaflet drops, sponsorship, magazine advertising, active social media through Facebook, twitter and Instagram as well as website offers through the franchise site.

All equipment is owned by the business, full equipment list available upon request.

The business currently pays 6% to have the franchise per month. This includes all the signage, IT system, franchise website and for the business name.

This is a fantastic franchise opportunity, perfect for a seamstress wanting to own their own business, husband and wife team or partnership. We highly advise early viewing to take in the full potential of the trade.

Premises
Boasts a substantial sized property. The business is a franchise and comes with branded signage; this is clearly visible to passing trade.

Large prominent service counter with till point and computer on entry. The service counter is branded and there is branded signage around the retail space. Behind the counter are hanging rails for collections. To the left-hand side is an alterations section, this is open to awaiting customers. Behind here are hanging rails for clothing.

Through to the rear of the property are two changing rooms, there is also an open alterations room, staff office, storage areas and a further work room. The work room is a generous size and has sewing machines and two ironing stations.

The large staff room is secured and has a kitchen and toilet.

Full equipment list available upon request.

Tenure
The business is being sold as a Leasehold opportunity.
Original lease length: 12 years.
Remaining lease length: 2.5 years as of 2019.
Rent: £18,000 per annum.

Hours
The business opening hours: -
Monday - Friday: 8:30am – 5:30pm
Saturday: 9am – 5:30pm
Sunday: Closed

Staff
The business is run and managed by the manager, with the help of two seamstresses.

Financial Profile
Contact seller

Property information

Property:

Leasehold

Lease Terms:

2.5 years left on the lease

Leasehold Rent:

18,00p per annum

Location:

The business is located in Bournemouth, Dorset.

The alterations business is situated in a prime trading location in the town centre of Bournemouth. Situated on a busy high street close to Waitrose and three bus stops outside. This location thrives from all year-round heavy footfall and passing trade.

Bournemouth is the largest town in Dorset, it has a population of circa 183,491 as of the 2011 census. The town is a large coastal resort town on the south coast of England. In addition, the business also draws customers from towns close by ie Poole and Christchurch (Population 148,000 and 48,000), both 5 miles away.

Size in square feet:
1000 SqFt

Business Operation

Reasons for selling:

Retirement and re-location

Trading hours:

Monday - Friday: 9.00am – 5:30pm
Saturday: 9am – 5:00pm
Sunday: Closed

Employees:
3
Years established:
7 Years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

To be discussed

Other Information

Support & training:

Full training is provided by the Franchisor

Website:
Login or register to view link
Relocatable:
This business can be relocated.

Contact Information

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