Shoe Shops for sale in Bury

View the "Children's Footwear Retailer - Greater Manchester" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Children's Footwear Retailer - Greater Manchester

Bury, Greater Manchester, England

  • Leasehold Price: £29,950
  • Annual Turnover: £54,729
  • Annual Gross Profit: £13,735
Seller Reference: 7367
Email email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 7367
Request Details
Business Description
Main Road Trading Position
Accounts Available Year End 30th June 2020
Annual Turnover £54,729
Gross Profit £13,735
Financial Information Available After Viewing
Established 2015
Owner Operator / No Staff
Turnkey Business
Affluent Town Centre Location
Fully Equipped
Beautifully Presented
Excellent Reputation
Superb Online Reviews
Comprehensive Website
Good Social Media Following
Scope For Longer Opening Hours
Potential To Expand Product Lines
EPC - G
REF 7367 – Leasehold Children's Footwear Retailer

Blacks Brokers are pleased to bring to the market this leasehold children’s footwear retailer located in Ramsbottom, Bury.

INTRODUCTION

Little Goody New Shoes was established by our client in this affluent area of Ramsbottom in 2015. The business offers a wide range of high quality children’s footwear and professional fitting services. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Little Goody New Shoes has a comprehensive website in place and a good social media following.

LOCATION

Ramsbottom is a busy and affluent town with many areas of housing in the local vicinity. Little Goody New Shoes occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Tesco and Morrison’s. There are a number of car parks nearby as well as many other local amenities including The Post Office, a busy train station and lots of cafes, bars and so on. The area is well linked by the M66 with very strong public transport links.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a six year lease which began in 2021 at a cost of £161.50 per week.

STAFF

The business operates with our client only in full time employment.

FINANCIAL DETAILS

Little Goody New Shoes has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 30th June 2020 show that the business has an annual turnover of £54,729 with a gross profit of £13,735. Accounts can be made available after viewing.

SUMMARY

This well established business occupies an enviable trading position in a bustling and highly sought after area of Ramsbottom town centre. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines such as accessories and clothing as well as longer opening hours. The website could be updated to allow online sales and a strong marketing campaign could also be beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Shelving and racking
Desk
Computerised ePos tilling system
Chairs and stools
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Little Goody New Shoes operates from a spacious mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage with central entrance. Inside, the retail area is beautifully presented with colourful seating area, wall shelving and racking and the counter is positioned to the side. There is a raised mezzanine floor used for storage, as well as a kitchen and toilet facilities. All areas are well equipped and presented nicely.

Location Details:
Bury
Leasehold Term:
£161.50 Per Week
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image