net profit £90,000pa long established fashion retailers Bude Cornwall
Price:
Leasehold - £95,000
Business Type:
Retail businesses
Bude - famous surfing resort, long established retail business with strong, year round trade pattern producing annual turnover £370,000, gross profit circa £190,000 and predicted NET PROFIT £80 - £90,000 p.a if run as "hands on" business - currently operated under management.This would be a superb, family business purchase.
The shop itself is perfectly located in the "prime" Belle Vue area of Bude, next door to Boots PLC Year round trade is boosted strongly by the influx of tens of thousands of tourists.The main retail area extends to 3158 sq ft (293m2) plus Stock, Kitchen and office content. The premises are held on a renewable 10 year lease, rent £35,000 p.a
Over the many years of establishement several exclusive suppliers have commited their supply to this business (t/a Fashion Direct) these have included Clarks and Moshula.
Our client is retiring from business hence reason for sale. We are also offering a seasonally run fashion/surfwear business on his behalf and also located in Bude. Again, a prime sited retail shop which is capable of being run by a single operator or perhaps a couple who want to work for 6 months of the year only. Retails sales circa £70,000, gross profit £35,000 and NET PROFIT £25,000 for 6 months opening (prior to wages) which would not be needed if the owner became fully hands on. Contact Dean warmington of selling agents UNDERWOOD WARMINGTON to discuss either of these excellent businesses.
10 year renewable lease - rent £35000 pa
North Yorkshire
£ 750,000
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