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Great Tailors Business for sale in Tower Hamlets

Tower Hamlets, Greater London

Asking Price £50,000
Turnover £140,000

Business overview

A firm of bespoke tailors with a showroom and visiting service. Fully relocatable and easy business model with good margins.

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Property

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Business description

The company has been in business since 2006, making beautiful bespoke suits and shirts for the gentlemen of London, via both out showroom and our visiting service.
Prices are at the lower end of the luxury market and our target market is city professionals at a very senior level. Cloths are excellent quality (only English and Italian cloths are used) and the tailoring process uses good quality materials
The company has been through tough trading in recent years but is now on the path to growth again. The company would benefit from a new owner, experienced in retail, who can add some passion back into the brand.
The Head Tailor (minor share holder) is very experienced and holds the relationship with most of the client's and would advise taking on.
Reason for sale is that the business owner (majority share holder) wants to pursue other activities.

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