4 things to consider when you sell a business
4th January 2018
Every major decision requires careful thought and consideration, and very few decisions…
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Why use Hilton Smythe to sell your clothes shop?
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We include your standard legal fees (legal fee credit in Scotland) on an all-inclusive basis.
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Number 1 in the UK for the volume of businesses sold first quarter 2020.
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Each year we sell more businesses and are constantly raising the bar for other brokers out there.
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*Compared to our nearest competitor. Completions figure is comparable to K3 Capital PLC from 2017. Data based on our nearest competitor K3 Capital PLC, results in 2018 against comparable period.
Our customers love what we do
Right from the first meeting I felt confident in Hilton Smyth's attitude and their advice was invaluable.We have been very happy with the service Hilton Smyth have provided for us.
Seller of a Beauty Salon.
Do you own a fashion boutique or specialist clothing store?
Ever wonder what it’s worth? Selling your business is a tough decision. If you’re ready for a change then look no further than Hilton Smythe. We’re the UK’s leading small business broker, selling more businesses than other agents and closing deals faster.
Finding a good fit
If you decide that you’d like to relocate or find a new career challenge, it’s time to think about selling your business. Of course, after years of hard work building your brand, it may feel difficult to let go of the business and see another person running your clothing store. That’s why it’s really important to find a suitable buyer, who you feel will take care of your business.
To find the right buyer you’ll need to increase the reach of your business by advertising across different platforms. At Hilton Smythe we make sure we advertise your shop on all of the major third party platforms, not just our own website. This way you have a higher chance of finding a good fit to take over your business. You can rest assured knowing it’s in good hands!
Reasons for selling a clothing store
Whether you’ve established a high end bridal boutique or a popular budget fashion business, the day will come when it’s time to move on. Not everyone is lucky enough to have family members willing to take over the business, which means you’ll have to sell it on at some point.
There are many reasons why clothes store owners sell up. It could be for a well earned retirement, which the sale will fund. Sometimes an illness or accident could prevent the business owner from carrying on with their duties, meaning they are forced to sell fast. On the other hand, a seller may have just had enough of running a clothes shop! Everybody needs a career change sometimes, and if they need a fresh start they may sell their business and buy another in a different sector, or look for full time employment.
Looking for a new adventure?
If you are in the market for a new business, you can search Hilton Smythe’s listings while selling your clothes shop. We are specialists in buying and selling businesses in all industries, from hospitality and retail to e-commerce and service. With experience running a successful retail business, you have a world of opportunities open to you! If a career move is on the horizon, see what’s on offer today.
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