Description

Retail menswear business, located in a thriving high growth town in the Southern Highlands, and established in 1895 . As the only independent menswear business in the Southern Highlands, it offers a diverse range of services including in-house fine tailored suits and shirts, accessories and high quality clothing from many of the world's leading menswear brands such as RM Williams, Cambridge Clothing, Levi's Jeans, Lee Riders, Daniel Hecher and Ansett Knitwear. Also caters to a strong demand for suit hire, with a busy alteration and embroidery badge service available. The shop carries an exclusive range of general school wear for children of all ages and is the dedicated supplier for a number of local Southern Highlands schools. The business is a member of the buying group Associated Retailers Limited (ARL), with its attendant benefits. The store maintains a strong turnover of stock with a constant flow of new customers availing themselves of the excellent service and well-priced items offered.

Potential

Ideal family business - Target social media. - Examine extra trading opportunities as business currently not trading Feb/Mar each year due to family commitments.

Features

Very strong local support - Long established - Product range covers all age groups - Only independent menswear establishment in Southern Highlands.

Premises

Attractive and welcoming store, recently fully refurbished and modernised, with excellent display and sales facilities and dedicated area for school wear.

Location

Prime frontage to main street in busy, high growth long established town in Southern Highlands.

Trading Hours

5.5 days - Monday to Friday: 9.00 am to 4.30 pm. Saturday: 9.30 am to 12.30 pm.

Lease

Current lease commenced August 2023 + 3 + 3 years - Increases 5% - Bond 3 months.

Employees

1 owner + 1 casual.

Comments

Misc.- 1 Advertising ($55) ARL Fee ($60) Computer expenses ($50) Credit card charges ($80) - Misc.- 2- Dry cleaning ($180) Alterations ($455) Sundries ($210) - Member ARL ( Associated Retailers Limited), a buying group.

SBX ID

CB1489