Business For Sale
Commercial, Lower Sloane Street, London SW1W

Property Description

This Tailoring shop is near Sloane Square in the Central London, and this has been a family run business since late 80's. There are three distinct parts to the business, the Tailoring, the Formal Wear Hire and Alterations. For the Tailoring business has built an extensive high-profile client database, and has famous former customers, such as Princes, Ambassadors, Prime Ministers, Lords, etc. which still continues to grow. Also they had built an unrivalled reputation. They are a great and long established company, Buckingham Palace recommend them for the events. Current owner will provide ongoing support for 3 months to ensure smooth hand over to new owner. This is unique opportunity to acquire a well established business with significant high margin turnover for last year until April 2013 is £467k, and the gross profit is approx. 70%. The lease has nine years left with annual rent of £38k.