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Established Women's Vintage Inspired Clothing Boutique & Online Business in Arundel

Arundel, West Sussex

Status

FOR SALE

Date Submitted:

16/08/21

Advert ID

281140
Asking Price: £50,000
Annual Turnover: N/A
Annual Net Profit: N/A

A small established boutique business selling vintage inpsired clothing and accessories for women, with a small mens section. The general eras covered are the 40s and 50s, however, we have just started stocking some 20s dresses and accessories now too. Everything is reproduction, not true vintage.

The buisness has been located in Arundel for the last three years (was in Horsham prior to that) and has a good customer base. It also has an e-commerce website and uses social media platforms such as facebook and Instagram.

Arundel is pretty much tourist driven due to the Castle. So some times of year can be quieter than others, but this business is destinational so pulling people in is a must. A lot of work has been done with the website, and google which is showing great progress. Due to the lockdowns in 2020 we spent extra on google ad words which has increased our online takings by approx 13% our biggest marketing referrals come from Facebook though. At the moment we still take more in the shop itself than online, but it won't take much to bring these in line.

A recent addition to the business is a milliner who has an upstairs room to showcase and trade from. We have a verbal agreement that ideally will be honoured if my business is sold.

The business has a reasonable rent and small service charge fee. There are no rates currently payable. The lease is flexible.

Other bills are payable, but are generally low most of the year round. (Winter the electricity bill is usually more as there is no central heating in the premises)

I have suppliers and contacts I order from, and have recently started an own brand collaboration which can be carried on relatively easily. Now if you wish to continue it.

The company is Ltd and has only ever had one owner/MD and that's myself. I am also the only employee.

Ideally I would like to sell to someone who has a love for what my shop is about and whom intends to keep the business going in its current location, someone who has great vision and inspiration to take the buisness to the next level. I would happily do an extended handover period so that I can show the new buyer the current day to day, whilst they settle and implement their own procedures.

This is very difficult sell as I have put a lot into getting this business started and keeping it going for the last five years, but I believe it needs a new enthusiam I just don't think I have anymore.

Listing Details
Key Features
  • Fully Fitted
  • Offers Invited
  • Split Level Trading Area
  • Unique Business
  • Small Business
  • Free of Tie Leasehold
  • Established Business
  • Adjacent to Multiple Retailers
  • Company for Sale
  • Town Centre location
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