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Successful Formal Suit Hire Business Based In Paphos For Sale

Paphos, Paphos District, Cyprus
Asking Price:
€20,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Available on request

This is a unique opportunity to purchase this business which is the only formal suit hire company on the West Coast of Cyprus which supplies Paphos, Limassol and surrounding areas. We specialise in wedding suit hire, formal wear including black tie events, race days and proms and are operational throughout the whole year.
Our customer base includes local residents and tourists travelling to the Island predominantly for weddings or formal events.
You would purchase an established business and we would ensure you full support to be able to take over and run it immediately at a profit. We are advertised in the Cyprus Wedding Magazine which is stocked in UK airports and elsewhere across the world.
The business was recently featured on the hit UK TV series ‘Sun, sea and brides to be’ which has only increased interest in weddings and the Cyprus wedding industry goes from strength to strength.
We have great networks established with wedding planners, hotels and wedding suppliers within the booming Cyprus wedding industry. We have an excellent reputation and established contacts that we will be more than happy to share.
The sale of the company includes:
• Complete ownership of the business name and logos associated with Occasionally Suited Cyprus
• An extensive fully maintained stock with many items new and never worn valued at around 50,000 euro
• A fully kitted and operational store with all fixtures and fittings included. The store is based in Paphos very close to the main wedding hotels and venues with low rent and utilities.
• A current functioning website with established IT support
• All social media and marketing tools associated to the business which includes full customer history including photos, online reviews etc
• the Google business account which include a portfolio of brochures, fliers and leaflets and photos with consent to share to support ongoing marketing
Personal reasons force the sale of the business but we can assure the prospective owner full support to allow a seamless transfer of ownership and full training could be provided. This is a great business to be involved in as you deal with customers at their happiest times ensuring support to them for their wedding ceremony or special event.

Property Information

Real Estate:


Other Information

Inventory / Stock value:
€51,300 - included in the asking price
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