The business was established in August 2008 with a strong local following and good turnover with a gross profit in the order of 60%. More detailed accounting information is available to bona fide applicants upon request after a viewing of the premises.
For Sale with offers invited "in the region of" £45,000 for the benefit of the trade fixtures, fittings and goodwill of the business, simultaneous with an assignment of the existing lease, plus stock at valuation on completion.
Purple Mango is situated in Castle Street close to the centre of East Cowes, in the town's main shopping area with Co-Operative, Waitrose and Lloyds Pharmacy being amongst a variety of retailers. East Cowes has an approximate population of around 7,000, substantially boosted during the now extending summer season. The town has seen considerable investment from Seeda on employment facilities within the town and extensive development, particularly by a Waitrose supermarket and Barratt Homes, as well as dramatic improvement of the Marina facilities by Dean and Reddihoff. There are also plans in place for the development and relocation of the Red Funnel Terminal all of which assists in the growth and growing importance of the town.
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