This is a superb opportunity to acquire a well-established, award-winning lingerie, swimwear/fashion boutique based in Newport, Shropshire. This is available on a leasehold basis.
The business operates as a leading retailer of high-quality lingerie, swimwear, nightwear etc. The store boasts a well-curated collection of nightwear, lingerie, and hosiery as well as dresses, swimwear, and shapewear. They stock a huge range of luxury brands including Freya, Fantasie, Elomi, Wacoal, Lingadore, Seaspray, Puma, Gossard, Pia Rossini, Pastunette, Ameona, Royce, Aristoc, Pretty Polly, and many others. They pride themselves on their excellent customer service, fast and efficient delivery service, and the quality of their product ranges.
The business has been trading since 2004 and has experienced steady growth since then on an annual basis. They have built up an excellent reputation and are considered a household name in their niche sector for the quality of their products, competitive prices, and excellent customer service. They can also boast a loyal customer base which has resulted in a vast amount of recommended business.
The premises has been decorated to a high standard throughout and the current owner has skilfully combined the character features of the property with modern fixtures and fittings. They can also boast a high-quality website which is fully functional with huge potential for future growth. Another key asset for the business, are the strong relationships that the current owners have developed with key suppliers in their industry, which ensures quality products for their clients.
• Business in operation since 2004
• Steady growth since establishment
• Excellent reputation in area and Industry
• Loyal Customer base who use the business regularly
• Excellent location
• High-quality website
• Minimal competition in the local area
• Excellent relationships with suppliers
• High turnover – £102,000 (approx.)
• Huge potential for further growth
• Large number of positive reviews
• Fully fitted premises
• Excellent transport links
It is with a heavy heart that the current vendors are selling due to retirement. Due to the nature and impressive potential of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur who is looking for an established business within the retail sector or an existing business looking for a lucrative acquisition. This is a turnkey business that is ready to trade from day one and is positioned to thrive under the impetus of new ownership!
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.