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Number One Suit Hire Company In Paphos For Sale

Chlorikas, Paphos District
Asking Price:
€20,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€18,000
Cash Flow:
Under €50K

Our business is the only suit hire business on this beautiful island. It has been going for 8 years, with exceptional reviews. We offer Wedding and black tie event suits for all ages, we are called Occasionally Suited Cyprus and we cater for all occasions, check out our website and facebook business page and you won't be disappointed. We have always loved this business as you see customers at their most happiest. You might be wondering "What do I know about suit hire", it couldn't be more simple, the suits are already made and on hangers in different sizes, you just place the individual in the suit of his size, its that simple. We have a large premises situated in Paphos, Cyprus, which has exceedingly cheap rent. We already have a large amount of bookings for this year and they are still coming in. You might be asking yourself why then are you selling, unfortunately, I don't want to sell or leave this island, but unfortunately, due to family commitments back in the UK, I have no choice. The business comes with its own website No 1 on google and facebook business page.

Property information

Real Estate:

Lease

Lease Terms:

The lease is for as long as you want it, 1 year or up to 5 years, the Landlord is superb and only charges 250 euro a month. He lives 4 doors down and owns the restaurant and many other properties.

Leasehold Rent:

250 per month per annum

Living Accommodation:

N/A

Location:

Our premises are situated in Chlorikas which is 5 minutes to all hotels beaches and Paphos town centre.

Premises Details:

The Premises is Large, with changing Rooms, Kitchen and W/C. With large sliding glass door entrance and open plan area within.

Business Operation

Expansion Potential:

The shop has potential for expansion within side the shop ie, possibility of buying new lines of clothing and space to house them.

Competition / Market:

Our suit hire shop is No 1 on the Island.

Reasons for selling:

Unfortunately due to Parental commitments back in the UK, my wife and I have to return home as soon as possible.

Trading hours:

That is the beauty of this business, we are an appointment basis business only, so people email or call and book a date to visit or for a fitting. The other days you are lying on the beach or by the pool.

Employees:
Husband and Wife
Years established:
8 years

Other Information

Support & training:

No training is required for this job, I can teach you how to fit someone into a suit and you can also watch me as fit customers so you are confident, I will only leave the island when you are happy you can fit someone yourself.

Furniture / Fixtures value:
€2,000 - included in the asking price
Inventory / Stock value:
€45,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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