Retailer Of Larger Size Lingerie With Owners Accommodation | | Undisclosed Essex | | ESSEX RETAILER OF LARGER SIZE LINGERIE WITH OWNERS ACCOMMODATION Successful and well established lingerie shop Excellent client base specialising in fitting of larger sizes Pleasant retail shop with owners accommodation above Opportunities to introduce we | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72125
ADVERT IMPRESSIONS : 15,169 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Lingerie Shops | | SALE: | Agent Sale | LEASEHOLD: | £27500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Prominently sited shop close to town centre of large Greater London conurbation
Easy access for customers with parking to the front of the shop
Range of complementary businesses on the street
Mixed area of residential and commercial development
HISTORY
Established by the vendor over 20 years ago on current site
Steady growth has ensured a reliable repeat customer base
Excellent relationships developed with wide range of lingerie suppliers
Relationships developed with local clinicians ensuring ongoing stream of referrals
REASON FOR SALE
Retirement
PRODUCTS
Full range of ladies lingerie offered in a variety of sizes including larger fittings
o Fantasie
o Freya
o Bestform
o Triumph
o Adore
o Cleo
Range of ladies accessories
SERVICES
Full fitting and consultation service offered
Advice and fitting to customers following mastectomies
Advice following referrals from clinicians for back ache
CUSTOMERS
Female of all age ranges but mainly aged over 40
Customers travel significant distances for individual attention
High repeat rate
SUPPLIERS
Clothing sourced through a variety of trade contacts with one main supplier
STAFF
Vendor
1 full time staff member
TRADING HOURS
Tuesday to Saturday 9:30am to 5pm
Sunday and Monday closed
FINANCIALS
Consistent sales of over £1,250 per week over the last three years
Gross profit margin 43%
Stock holding approximately £60,000 which can be reduced if required
OVERHEADS
Staff £12,000 pa
Rent £13,500 pa
Rates TBC
PREMISES
Traditional shop unit, with owners accommodation, garden and parking
Shop area fitted with racking and shelving appropriate to trade
Large sales counter
Double window display
2 changing rooms
Office
Kitchen
WC
Family bathroom
Double bedroom
Lounge
Garden with shed
Parking for up to 4 vehicles to the front
STRENGTHS
Excellent location in popular destination shopping
Good relationships with wide range of suppliers
Limited competition locally
Wonderful brand name included within consideration price
Substantial client base with specialist referrals
Owners accommodation above the shop if required
POTENTIAL
Introduction of website
Broadening of customer range
Introduction of additional product lines
E bay
Increased business development activity
Introduction of loyalty card system
Attendance at trade shows or wedding fairs
Additional opening hours
Evening themed events
TENURE
Original Lease 24 years
Lease Remaining 2.5 years
Rent £13,500 per annum
Rates TBC
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1260RM / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
