 | Ladies Fashion Retailer In Shropshire For Sale Shropshire, United Kingdom Advert ref: C1082 FINANCIAL DETAILS | Asking price: £10,000 Sales revenue: £97,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to present this ladies fashion retailer for sale.
Since its establishment in 2004, our clients have built up a solid business with an excellent reputation selling quality goods at the high end of the market.
Located in a popular market town with an excellent high street position, the shop is finished to high standards of decoration. The sales area is approx 357 sq ft with a small storeroom and staff toilet. There is also a secure patio area at the rear. The lease expires August 08 with a right to renew. Rent is £10,250 p.a with rates an additional £1,480 p.a.
Currently run by the owner and 1 part time assistant. The shop opens Mon-Sat, 10am - 5:30pm.
Annual turnover of £97k can be boosted by reducing staff or extending opening hours.
This retirement sale provides an excellent foundation for a new owner to build upon for the future.
The sale price of £10,000 if for the goodwill, fixtures and fittings of the business. Stock is in addition to this.
Please ask for full details on.
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GENERAL INFORMATION | Years established: 4
Employees: 1
Trading hours: Mon - Sat, 10am-5:30pm
Property: Leasehold
Lease terms
Expiring August 08 with right to renew. Rent £10,250 p.a. with rates £1,480 p.a.
Location
Main high street location of a popular market town and tourist destination.
Competition / Market
Our clients have exclusivity for the area on the brands that are stocked.
Support & training
A full handover can be arranged.
Reasons for selling
Retirement sale.
Financing available
Yes, please ask for details.
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The Business Partnership - Manchester, Cheshire, Staffordshire and Shropshire | | | |
