DESIGNER CLOTHING BOUTIQUE, BRIGHTON, EAST SUSSEX
Price:
Leasehold - £48,500
Location:
East Sussex, Brighton
Business Type:
Commercial Property, Corporate Businesses, Retail businesses
The particular highlights of the business are: - The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered. - Ideally located concern offering excellent lifestyle. - A well established business. - Good loyal clientele. - Fully equipped business with favorable lease terms (see below). - Turnover in excess of £80,000 pa with a net profit of £42000. (See financial summary below). This is very impressive considering the credit crunch. - A business with great potential which has not been exploited because the owner wishes to start a new venture. . - An easily run operation. - Good loyal well trained staff. - A good first time buyers business.
History Phoenix Business Transfer Agents are delighted to place onto the market this thriving designer clothing boutique which has been established since August 2010. The business has been in the hands of the current owner since August 2010 and she now wishes to sell due to new business venture.
Services This very good business opportunity provides unisex designer clothing and accessories. Staffing The concern employs no staff. Owners Role The owners role is managing and working in the business and works full time.
Marketing The owner markets the business via an In Shop Reward Discount Scheme and has a website.
Competition As far as competition is concerned there is none in the immediate locality
Market The client base consists of local community, business persons and tourists.
Opportunities The concern has huge potential. In particular the turnover and profits can be increased by: • Increasing the marketing activity with direct mailings and local and internet advertising. • With an enhanced website.
Training and Handover The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
- Situated in Brighton area of East Sussex.
- Prominent location
- Part of a parade of shops.
- Excellent parking facilities nearby.
- Local population consists of local community, business persons and tourists
- Area offers exceptional lifestyle.
- Outstanding tourist trade.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with M23, A23, A270, A2010 and good railway links.
The original length of the lease was 6 years with 4.5 years remaining. The rent is £15,000 pa with a review in 3 years. The lease may be renewable or negotiable for longer term if required. The rates are £7,000.
Monday to Friday – 11.00 – 18.00
Saturday – 11.00 – 18.00
Sunday – 11.00 – 17.00
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|