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BUSINESS REFERENCE : 1473 / RightBiz SUPERB BOYS & GIRLS CLOTHING & SHOES RETAIL BUSINESS | | | | | | Prime trading location in busy, popular North Wales town Excellent turnover of £177,000 per annum Scope for growth Superb trading location Childrens clothing with exclusive sales of top brands Repeat custom built on an excellent reputation | | | BUSINESS LOCATION: | Llandudno Gwynedd County UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Childrenswear | | SALE: | Agent Sale | LEASEHOLD: | £57500 PLUS SAV | ANNUAL RENT: | £14000 | | | | | | | | | | | BUSINESS DETAILS: | SUPERB BOYS & GIRLS CLOTHING & SHOES RETAIL BUSINESS - LLANDUDNO
Prime trading location in busy, popular North Wales town
Excellent turnover of £177,000 per annum
Scope for growth
Superb trading location
Childrens clothing with exclusive sales of top brands
Repeat custom built on an excellent reputation
Appointed to high standard throughout
Early viewing recommended to fully appreciate
LEASEHOLD
ASKING PRICE
£57,500 Plus SAV
Ref: 1473
Location
The business is situated just off Mostyn Street, the main road in the centre of Llandudno. Ideally surrounded by other complementary shops and businesses, the town is a hive of tourist and commercial activity with both a large residential and visitor population all year round. The shop has ample free parking close by and the town centre has undergone substantial regeneration in recent years. Llandudno offers visitors 2 wonderful beaches along the Great Orme Heritage Coast and a spectacular cable car attraction on the Great Orme itself. Llandudno is ideally placed just off the main A55 dual carriageway that links Anglesey with Chester then the M56 motorway, providing superb routes to the Snowdonia National Park and other popular destinations such as Bangor and Conwy.
Business History
Meridian Business Sales are delighted to offer for sale this highly regarded childrens clothing & shoes retail business in Llandudno, North Wales. The business was established by our client in August 2004 and is only now being offered to the market to allow our client to enjoy semi-retirement. The business achieves an excellent turnover of £177,000 per annum and is generating a healthy gross profit of 32%. This has been achieved with very little marketing, offering immense scope for a new owner to expand further and increase turnover. The business sells a comprehensive range of top label clothing and shoes. The clothing range includes Catimini, Sarah Louise, Little Darlings and many more and the shoe range includes brands such as Startrite, Ricosta and Buckle My Shoe to name but a few. It is the only business in the region that is allowed to stock and sell certain brands, giving the shop exclusivity. Further to the exceptional quality brands stocked, this niche business also offers a shoe fitting service and provides its customers the opportunity to 'shop with a difference'. The business therefore enjoys an enviable reputation with customers visiting from far and wide who enjoy the high standards and superb customer service. The business benefits from a well-fitted sales area as well as a superb trading location. In addition, the business does not currently offer online buying facilities on its existing website which would enhance the trade further. This is a fantastic opportunity for a new and enthusiastic operator to acquire a thriving business. Early viewing is strongly recommended to fully appreciate this growing business.
Financial Profile
Turnover £177,672 per annum
Gross profit £56,855 per annum
Tenure
Leasehold, Original 10 years
Remaining 7 years
Rent £14,000 per annum
Accommodation
A superbly positioned, well presented ground floor lock-up unit with fabulous window displays. Briefly comprising;
Large double fronted shop with prominent hand made signage with stainless steel detail. Triple glazed windows, entrance, well-organised open plan sales and display area, fitted to suit the trade, free standing solid wood cabinetry and shelving with garment rails and central display unit. Solid Wood, stripped flooring in clothing sales area, counter with cash register and telephone. Rear carpeted shoe display area with a wide array of floating shelves with sofa providing seating for shoe fitting. Recessed ceiling spotlights providing superb lighting throughout. Rear stock room and office with shelving units and storage. Kitchen area & W.C. Rear entrance through to yard area with additional access.
Opening Hours
Opening hours to suit. No restrictions.
Ranges Stocked
Clothing Range Stocked: Abella, Alphabet, Bebini, Butterscotch, Sarah Louise, Pirulo, Pretty Originals, Little Darlings, Catimini, Me-too, Valenri, Uttam London, Lili Gaufrette, Coco and Infancy.
Shoe Range Stocked: Startrite, Buckle My Shoe, Bellamy, Bo-bell, Baby Shoes, Step 2 London, Froddo, Starchild, Studio Bimbi, Catimini, Keds, Richter, Ricosta, Fofito, Andanines, Petasil, Iko Clogs, Geox and G.B.B. | | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1473 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
