| | | 9355SG UPMARKET LADIES FASHION L/H £75,000 BEDFORDSHIRE | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 9,919 TIME(S)
BUSINESS REFERENCE : 9355SG / RightBiz | | | | | | BEDFORDSHIRE UPMARKET LADIES FASHION - Est 25 Yrs On Parade on busy main road location Varied ranges from Designers inc MOB outfits Accessr inc shoes & handbags, men's ties, jewellery etc A/T: £243,200 GP: £77,700 Scope to offer Lingerie & open Sundays L/H: £75,000 +SAV REF: 9355 SG | | | BUSINESS LOCATION: | Undisclosed Bedfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £75000 | | | | | | | | | | | BUSINESS DETAILS: | 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.
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
Mens ties
Tights and umbrellas
The business has an excellent local reputation with high levels of repeat and referral trade from a core of over 600 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 Sundays
2. Offering a range of ladies underwear
3. offering mens 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
Original lease: 6 years
Remaining lease: 1.5 years
Review every: 3 years
Rent: £13,000
We are advised that the annual business rates are currently: £3,700 | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9355SG / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
