Ecommerce/Website based retail for sale in Swinton

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Adam Warren (Jan 2017)
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Asking price: £88,252 Turnover: £250,000 Gross Profit: £45,000
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Business Description
Business
The business was founded by the current owner in 2016 and has been a real labor of love the current owner but is now being offered to market to they can concentrate on their other business interests.

Fashion Square (Labreeze) is an online fashion store dedicated to the ultra-glamorous and super stylish woman and much more. The business sells dresses and party gowns and prides itself on the stunning quality and beautiful designs which are all at affordable prices.

The sale includes a great ecommerce website http://labreeze.co.uk/ and the business enjoys brilliant visibility on the internet with its own Facebook page (34,000 likes) with fantastic reviews. The business also features on Instagram and Twitter to name a few.

Scope to Improve
- Advertising and marketing campaign.
- The business is currently being run at a pace to suit on very limited hours, turnover could be increased significantly by spending more time on the business.

Location
The business is currently being run from Swinton in Manchester, Swinton is a town in Greater Manchester, England.

Historically in Lancashire, it stands on gently sloping ground on the southwest side of the River Irwell, 3.4 miles west-northwest of Salford.

The great thing with this business it has the relocatable opportunity and could feasibly be run from anywhere in the UK indeed the world.

Premises
The business is currently being run from a first and second floor property, with around 15 rooms used for packing, storage and general office work.

This is currently on a rolling lease, so the business can be relocated anywhere in the UK.

Tenure
We are advised the business is being sold as a business only or Leasehold option.

We are advised the business is currently on a rolling lease and doesn’t pay business rates.

Hours
Monday – Friday 9.00am – 5.00pm
Saturday Closed
Sunday Closed

Staff
The business is run and managed by out clients with the help of two full time members of staff and 2 overseas members of staff.

Financial Profile
Fashion Square generated an advised turnover of circa £250,000 as of the 2016 accounts, with a net profit of £30,000.

Is this business relocatable: Yes

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04142
Seller Reference:
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