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Herne Bay Kent Independent Fashion Retailer with Online Growth Potential for Sale

Herne Bay, Kent
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Independent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for saleIndependent fashion retailer for sale
  • Status

    FOR SALE

  • Date Submitted:

    16/04/24

  • Advert ID

    609887

  • Reference

    B07989 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £26,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Independent fashion retailer for sale

Business
Please quote reference B07989

CoGoGo are delighted to welcome to the market Lillie J's Clothing, a newly established ladies and Children's clothing business in Herne Bay.

The business was established by our clients in 2022, where they have built up an excellent reputation and regular customer base. 

Lillie J's Clothing now comes to the market due to our client's desire to explore new ventures.

Predominantly a Ladies & Children's clothing shop, the business specialises in personalised clothing, home wares & Accessories whilst also offering a variety of handbags, shoes & boots.

Assets Included:

  • 5x portable clothing rails
  • 7x wall clothing rails
  • Changing room rails & curtains
  • 7x Wooden shelves
  • Counter
  • POS Till system (including ipad & card machine)
  • iMac Computer
  • Sublimation printer
  • Laser printer
  • Pull down press
  • Cricut machine, tools & vinyl
  • 4x store room clothing rails
  • Blank stock for personalisation
  • 3x work stations
  • 2 additional storage rooms
  • Stock of clothing (ladies, children's & babies)
  • Stock of boots & sandals
  • Sundries (hooks, labels etc)
  • Safe
  • 7x Mannequins
  • Air-conditioning
Scope to improve -

  • Exploit online sales potential
  • Invest in marketing 
  • Extend clothing variations (Menswear, Womenswear & Kids wear)
 



Location
Lillie J's Clothing is located in Herne Bay on Mortimer Street, where the Herne Bay market runs every Satruday.

Mortimer Street is pedestrianised everyday between 12pm and 4pm allowing this location to be a great spot for trading.



Premises
Lillie J's Clothing occupies a single fronted premises on Mortimer Street, Herne Bay. 

The premises was fully refurbished by our clients who took over in 2022 after 40 years, installing new wiring, plastering, tiles, toilets and a storage room.



Tenure
This business is being sold on a Leasehold basis where the lease is to be negotiated with the Landlord.

The current lease is £1,250 per month.



Hours
The current trading hours are:

Monday - 10:00am to 4:00pm

Tuesday to Friday - 10:00am to 5:00pm

Saturday - 9:00am to 5:00pm

Sunday - Closed



Staff
Lillie J's CLothing is run and managed by our client.



Financial Profile
The business achieved a £30,000 turnover in 2023. Full financials can be made available upon further request.



Read more

Contact Agent

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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Send a test amount before you consider handing over a large amount 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. Reset 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.

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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. Reset 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.

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The data showed regarding this advert 'Independent fashion retailer for sale - B07989 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.