Ladies Fashion Boutique, Birmingham
Birmingham, West Midlands
- Status
FOR SALE
- Date Submitted:
10/01/22
- Advert ID
288595
- Reference
clothingbirmKS / Rightbiz
- Call Agent:
- Leasehold: £19,500
- Rent: £24,000
- Turnover: N/A
- Net Profit: N/A
City Business Brokers is delighted to welcome to the market this recently-established ladies fashion boutique, which is situated in a good high street location within a thriving area of Birmingham.
The shop is currently open 6 days per week generating a reasonable turnover.
Our client offers a wide variety of ladies’ fashions and has a very loyal client base with a high volume of repeat trade and word of mouth recommendations, with plenty of scope for growth.
The premises measure 134m² over 2 floors and are very well-maintained and fitted out to suit the trade. The upper floor is currently used for storage and office space but could be converted to additional retail space. The shop also benefits from an A3 licence.
Trading Hours: 6 days 10.00am-6.00pm
Staff: Owner run and managed
Rent: £24,000 per annum
Lease: Current lease expires July 2025
Rates: £137 per month
All furniture, fixtures, fittings and equipment are included in the Asking Price, along with a valuable inventory of stock.
We feel there is scope to increase the turnover by a new owner embarking on an online and local marketing campaign to promote the business and goods offered. The boutique already has an informative website in place to advertise the business as well as an Instagram account.
Good foundations have been laid for this attractive business and this is an excellent opportunity for a new owner, perhaps a husband-and-wife team or partnership, to take it to the next level. Therefore, early discussions with City Business Brokers must come highly recommended to avoid disappointment.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Library Image may be used for display purposes.
- Fully Fitted
- Attractive Business
- Town Centre location
- Prime Location
- Close to Local Amenities
- Unique Business
Contact Agent
Listing Statistics
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Rest your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
