| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 6,135 TIME(S)
BUSINESS REFERENCE : 7036NG / RightBiz 7036NG-NOTTINGHAMSHIRE-£39,995-SHOE RETAILER | | | | | | SHOE RETAILER NOTTINGHAMSHIRE REF: 7036NG ASKING PRICE: £39,995 | | | BUSINESS LOCATION: | Undisclosed Nottinghamshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Shoes Shops | | SALE: | Agent Sale | LEASEHOLD: | £39995 | | | | | | | | | | | BUSINESS DETAILS: | THE BUSINESS
Advent Business Sales have been
instructed to offer for sale this popular
and well established business.
Established 13 years ago and in the
hands of the current vendor for
approximately 6 years, it is now
reluctantly offered for sale due to the
vendors other commitments.
The business currently stocks
predominantly ladies shoes for the over
25’s market with a range of quality
shoes from well known brand names
including:
Hotter
Padder
Equity
DB
Rieker
Pepe Varo
Pierre Cardin
Amblers
Joan Cope.
The shop premises is decorated and
equipped to a very high standard,
attracting a loyal customer base from
the local area.
EXPANSION POTENTIAL
There is excellent potential for further
growth including advertising, which is
currently not in place.
Introducing men’s & children’s shoes
would increase turnover.
It is also worth noting there is a large
area to the first and second floor of
the premises, which is currently unused
but has previously been living
accommodation which could easily be
converted with minimal investment into
a large flat or bedsits.
STAFF
The business is currently staffed by 2
part time loyal and knowledgeable
members of staff, who have been with
the business for 5 and 2 years.
TRADING HOURS
Mon - Sat: 9.30am – 5.00pm
Wed: 9.30am – 1.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Annual Sales: £71,000
Gross Profit: 45%
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
An attractive glass fronted shop
premises in a busy parade with the
added security of an alarm system and
consisting of the following:
Ground Floor
Carpeted shop area, decorated to a
very high standard throughout and
equipped with display walls, centre
island with display and seating
Counter to rear with electronic cash
register and streamline card
payment system
Door leading through into stock
room
Kitchen and under the stairs stock
room
Access door to side of premises
Stairs to:
First Floor
Bedroom
Kitchen
Large lounge
2 smaller rooms
Further bedroom
Stairs to second floor – consisting
of 2 bedrooms
External
Paved to road at front
Alleyway to side of premises leading
to unpaved car park at rear
TENURE: Leasehold
Current Lease: 5 years
Lease Remaining: End Oct 2006
Review every: 5 years
Annual Rent: £4,000
We are advised that the annual business
rates are currently: nil
VIEWING
Please DO NOT approach the business
or its employees without a prior
appointment.
All appointments are to be made via our
office. | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 7036NG / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
