| (REF: 9355SG) Up Market Ladies Fashion Shop |
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| Seller Reference: |
9355SG |
| B4S Reference: |
30116 |
| Asking Price: |
£35,000
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| Net Profit: |
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| Sales Revenue: |
£243,257 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
25 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Bedfordshire, United Kingdom |
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THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and popular ladies upmarket fashion outlet.
The business was established over 25 years ago and has been in the proud ownership of our vendor for over 4 years and is only now being reluctantly offered for sale as she is planning to retire.
The shop has a large and varied range of outfits from well known designers such as Condici, Luis Civit, Prcsen and Gina Bacconi. The smart casual range includes classic brands like Olsen, Libra, Faber, Gary Weber and Marcona and Stellman. It is also renowned for its range of mother of the bride/groom with from Cattiva, Sarah Cornell and Cris Moda.
It also offers a large range of matching accessories including:
• Shoes and boots
• Gloves, hats, scarves, handbags
• Jewellery
• Men’s ties
• Tights and umbrellas
The business has an excellent local reputation with high levels of repeat and referral trade from a core of over 1000 customers on its expanding computer data base.
The shop has 4 part time employees, who work on average 14 hours per week each and the vendor works full time and they achieved excellent annual sales of approximately £244,000.
We are advised that stock at cost is approximately £70,000.
REF: 9355SG
TRADING HOURS
Mon-Sat: 9.30am – 5pm
EXPANSION POTENTIAL
Whilst already a thriving business it still offers excellent scope to increase both sales and profits by:
1. Opening on Sunday’s
2. Offering a range of ladies underwear
3. offering men’s hire
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £243,257
Gross Profit: £77,721
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Large attractive double fronted window display with mannequins, briefly comprises of:
Ground Floor
• Centre door into the main sales area with 2 centre gondola display
• Extensive wall hung rails with glass shelving above for accessories
• Rear desk and till
• Marble topped fireplace
• 3 rear changed cubicles, full height mirror
• Evening wear rails
• Further rear room with mother of the bride/groom and single changing cubicle
• Hat and shoe display
• 2 rear store rooms
• Powder room
• Back kitchen
• Office
• Exit to single space parking
• Cellar / dry store
The premises have the aided benefit of an alarm system.
TENURE: Leasehold
LEGAL COSTS:
Each party is responsible for their own legal costs.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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Property: |
Leasehold |
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Current Rent: |
13000 |
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Living Accommodation: |
No |
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Location: |
The business has a high visibility main through road location on a busy parade of an upmarket town in Bedfordshire.
Other business on the parade include a hairdresser, restaurant, estate agent, jewellers, bistro, bank, bakers, chip shop and a Budgens, who all contribute in attracting high footfall levels to the town.
Nearby towns include Bedford, Baldock, St. Neots and Sandy. The area is best accessed by the A1, which gives good road access to the whole county. Parking is free of charge all around the shop. |
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Whilst already a thriving business it still offers excellent scope to increase both sales and profits by:
1. Opening on Sunday’s
2. Offering a range of ladies underwear
3. offering men’s hire
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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