 | Cosmetics Store For Sale East London, London, United Kingdom Advert ref: 1065SB FINANCIAL DETAILS | Asking price: £45,000 Sales revenue: £172,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Long established. Trading from spacious shop premises with large basement storage. Retailing an extensive range of cosmetics and offering highly competitive prices compared with the national high street chains. The business enjoys healthy margins of 40% G.P. with excellent net profits. Trading 6 days per week
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GENERAL INFORMATION | Years established: 12
Employees: 1 full time plus part time help on Saturdays and busy market days.
Trading hours: 9.30 a.m to 5.30 p.m. and until 6.00 p.m. Saturdays
Property: Leasehold
Lease terms
We understand the current lease expires in February 2008 but the landlord is prepared to negotiate terms for a new lease. Current rent £10,500 p.a.
Location
On a busy market street.
Expansion potential
Opportunity exists for Sunday trading if desired.
Reasons for selling
Other business interests
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The Business Partnership - South East London | | | |
