Business Option Available £50,000 including stock.
Hilton Smythe is delighted to welcome to the market Character Costumes.
The business was originally founded by our client in 2001 and has seen year on year growth earning £60,900 per annum and has a gross profit of 52%. The business specialises in selling and hiring out fancy dress costumes and accessories to both adults and children, seeing much repeat trade. The business also sells face paint, wigs and complementary accessories.
The business also has a detailed and colourful website and has a presence on social media website Facebook and they have achieved 673 likes. We believe a new owner could develop the website and introduce on-line sales of the accessories to further revenue. Also having another retail outlet ensures good footfall.
The business has two floors above the store which could lead to further business ventures like party planning or selling further party stock like balloons and banners. There is also the potential to introduce a party planning service or start selling celebration balloons, this could help increase sales and footfall.
Reluctantly our client is selling the business due to retirement and feels like a new owner would have more time to realise the businesses full potential. Early viewing is highly recommended.
Character Costumes is based in Sittingbourne, Kent.
The business is located in the busy town centre and is situated on East Street. The street includes cafes, a pub, grooming salon. As the business is in located in the town centre, there are various bus stops situated around the shop, all within walking distance.
Sittingbourne is an industrial town situated in south east England, the town sits beside the Roman Watling Street, an ancient British trackway used by the Romans and the Ango-Saxons and next to the Swale.
Expansion is attributable to the towns train line links to London, some 60 minutes away by high speed train and the area is easily accessible via the A2, A249, M2 and M20.
No premise included as this is a business only opportunity.
We are advised that the business is Business Only
Monday, Wednesday, Thursday and Friday: 10:00am – 5:00pm
Tuesday: 7:00pm – 9:00pm
Saturday: 10:00am – 4:00pm
Sunday - Closed
The business is currently run by the owner and one member of staff.
The business reports an annual turnover of £62,900 and has a gross profit of 52%
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