Ladieswear Retailers for sale

View the "Prestigious Ladies Designer Boutique - CITY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Prestigious Ladies Designer Boutique - CITY

  • Price: £75,000  Price Reduced arrow_drop_down
  • Annual Turnover: £265,500
  • Annual Net Profit: £24,238
Seller Reference: 08671-529256
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Business Description
 
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Seller Reference: 08671-529256
Request Details
Business Description
FOR SALE – Offers in the region of £ 75,000 (plus stock at cost).

Imagine yourself as the owner of this prestigious business:

• Seasonal collections of Clothing and Accessories
• Successfully run for 13 years
• Large premises split into ground floor and basement
• T/O c. £ 300k
• 5 years left on the lease
• Stock sold at cost – average value c. £ 65/70k
• Highly valuable customer base
• Use class A1

This is an outstandingly well-run business, in a prominent location close to the regenerated and very upmarket Spitalfields Market.

The owners want to re-direct their energies elsewhere after having successfully run the business for 13 years, building this highly regarded gem with a very strong brand and appreciation from customers. A full handover program will be available to the new owner.

Revenues last year were c. £300k with discretionary earnings of £ 26.7k. GP margins are high for the sector. The business has also a strong online presence where, thanks to recent improvements to the website, online sales have been growing exponentially.

The business, which has recently been relocated to a newly refurbished unit about 50 meters away from the previous site, has 5 years left to run on the lease. The premises include a ground floor with a small garden at the back and a large basement (used for storage and preparation).

The collections of clothing and accessories are accurately selected and purchased by the owner and renewed seasonally. Stock typically covers 6 months of trading and will be sold separately at cost – normally £ 65/70k.

Location:
City/Shoreditch fringe, London.

If you can imagine yourself owning and leading this fabulous business, then please enquire immediately. We are searching for a discerning buyer who will appreciate what has been built to date and who has a vision for the business.

For further information and an in-depth conversation
Contact Mark Devonshire at TBA - London City Group Limited
City Tower, 40 Basinghall St, London, EC2V 5DE; mdevonshire@tworlduk.com
Tel. 207 653 8755/8750 - Mobile 07972 634 187
Support and Training:
1 week
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