Retail leg & underwear

The company has its origins from before the 2nd World War. The current entrepreneur, 3rd generation, has no successor. The business is located in the heart of the city center, beautiful shopping street in a medium-sized municipality with about 40 thousand inhabitants. In addition to loyal customers, shoppers know how to find this specialty store.

Details
The entrepreneur has been achieving a nice result for years, assisted by a good sales team. In addition to legwear, the assortment includes underwear, lingerie, nightwear, swimwear and other related accessories. Top 5 brands are Puma/levi's, sloggie /Triumph, mmarcs, oroblu, Ten Cate etc. Top 5 suppliers are ten cate, Stichd, oroblu, triumph, beeren, socks house.

Financial data
The property, thus in a well-located location, is owned by the seller and is therefore leased to the buyer, for which a market-based rental agreement will be drawn up. The rental concerns the first floor (store) and part of the 1st floor (warehouse). The stock is up to date, as is the business inventory. Stock Waarde approx. 125k, book value company inventory 40k. For years the entrepreneur has achieved a pre-tax result of about 50k on revenue of about 550k. The entrepreneur's management fee and rental costs are included in these figures.