buying a business

The Designer Loft

Overview

  • Location
    Isle of Man
  • Sector
    Retail
  • Relocatable
    No
  • Asking price
    £8,000

Description

This is an excellent opportunity to enter into the IOM wedding and occasional wear market. As well as selling a range of dresses Designer Loft also does mourning suit and other occasional clothing hire.

The business has a strong and consistent customer base and it’s out of town location in Carrs Lane Tromode makes it very accessible for customers who want to spend time finding the right dresses and outfits with good (free) parking outside.

The “loft” itself is very quirky with lots of hanging and dressing space and is well lit and could also be used for bridal showers and other celebrations. The lease gives a range of flexibility to any new owner.  

There is a considerable amount of clothing stock with this business and a detailed inventory list is available subject to the signing for a Non-Disclosure Agreement. All stock has been bought and paid for and represents a substantial investment which a new owner can fully capitalise on as part of the asking price.

Within the asking price the buyer will receive:

·         The existing goodwill

·         Quality fixtures and fittings 

·         All stock

·         Plus the existing Facebook page / website / booking system

ASKING PRICE

£8,000

Further information

For interested parties prepared to sign a non-disclosure agreement you will receive:

•               Copies of the last three years accounts for the business

•               A copy of the current lease

•               A full inventory of stock and equipment going with the sale

Facts and figures
  • Great brand
  • Flexible low cost lease
  • Strong customer base
  • A significant amount of stock

Thinking about selling?

if you are thinking about selling or ready to sell then let’s talk! We are happy to have an initial consultation to talk about what the market looks like and what the demands are for your type of business and take it from there. Everyone has different reasons for selling and our service is bespoke to allow for all of those scenarios. They could be retirement, ill-health or a planned exit strategy.

I have a business to sell
Thinking about selling?

Signature Acquisitions combine a personal approach with a good understanding of client needs and the market.

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Sounds good? Get in touch.
Danielle Dennis, Sales Support, Administration & Marketing Officer