| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 11,250 TIME(S)
BUSINESS REFERENCE : 1404 / RightBiz RETAIL FASHION BUSINESS - FARNWORTH, BOLTON | | | | | | Prime trading location in busy, pedestrianised town centre Excellent turnover of £120,000 per annum Well appointed and presented throughout Low overheads Repeat custom built on excellent reputation Priced for prompt sale Early viewing recommended to fully appreciate LEASEHOLD | | | BUSINESS LOCATION: | Bolton Manchester UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Other | | SELLER: | Agent Sale | LEASEHOLD: | £39,950 PLUS SAV | ANNUAL RENT: | £8,500 | | | | | | | | | | | BUSINESS DETAILS: | Prime trading location in busy, pedestrianised town centre
Excellent turnover of £120,000 per annum
Well appointed and presented throughout
Low overheads
Repeat custom built on excellent reputation
Priced for prompt sale
Early viewing recommended to fully appreciate
LEASEHOLD
Location
The business is situated on a busy pedestrianised high street within Farnworth, Bolton. The business is located at the heart of the towns shopping area very close to the very popular market and is surrounded by a wealth of complementary shops and businesses. It further enjoys a healthy daily footfall which generates a vast amount of passing trade. Free car parking is available in the vicinity and a main bus route runs through the town. Farnworth is a suburb of the largest town in Britain, Bolton. Just one mile south of Bolton, Farnworth enjoys excellent transport links to the entire North West, being just off the A579 road linking the A666 St. Peters Way to the M61 and the M60 Manchester Orbital motorway. The vibrant and cosmopolitan city of Manchester is just 13 miles to the South East.
Business History
Meridian Business Sales are delighted to offer for sale this highly regarded ladies fashion business in Farnworth, Bolton. The business was established by our client 5 years ago and is only now being offered to the market to allow our client to develop other business interests. The business achieves an excellent turnover of £120,000 per annum and is generating a very healthy gross profit of 52%. This has been achieved with low key marketing, offering immense scope for a new owner to expand further and increase turnover. The business sells of an assortment of ladies clothing ranging from skirts, dresses, T-shirts, blouses to jumpers. The business enjoys a well-fitted sales area as well as a superb trading location. In addition, the business does not currently offer mens clothing, shoes or accessories and we feel the introduction of these would enhance the turnover even more. This is a fantastic opportunity for a new and enthusiastic operator to acquire a thriving business. Early viewing is strongly recommended to fully appreciate.
Financial Profile
Turnover £120,000
Gross Profit 52%
Tenure
Leasehold
Original Length 6 years
Remaining 4 years
Rent £8,500 pa
Premises
A superbly positioned, well presented ground floor lock-up retail premises. Briefly comprising;
Large single fronted shop
Double glazed windows with roller shutters
Well organised open plan sales and display area
Fitted to suit the trade
Wall mounted garment rails
3 free standing clothing racks
Counter with cash register and telephone
Changing area
WC, and storage space
Laminated floor throughout with suspended ceiling providing ample lighting with overhead fan
Opening Hours
Monday - Saturday 8:30am - 5:30pm
Sunday CLOSED | | | | | BUSINESS STATUS: | FOR SALE | | | | | CONTACT: | MERIDIAN BUSINESS SALES | | TELEPHONE: | 0845 222 0508 | | REFERENCE: | 1404 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
