Shoe Shops for sale in Somerset

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 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £219,950 Price Reduced Annual Turnover: £110,000 Annual Net Profit: £38,500
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Business Description

Intelligent Business Transfer are thrilled to offer the sale of a legendary and much-loved shoe shop that has been a hit with local residents for 50 years.

The shop is the life’s work of the owner who has managed to remain standing for five decades amidst fierce competition from larger chain stores, showing a profit of £38,500 this year alone. Not bad for a traditional shoe shop located in a small seaside town.

Now, however, it’s time for them to put their feet up and hand over to someone who can bring the business into the 21st century. With little work needed to keep hold of a group of loyal customers, the real opportunity here lies in making this shop appealing to the masses. Only getting by on a weekly newspaper advert and the same old faces, there’s ample room to expand the business by livening up its appearance, modernising its interior and, perhaps most crucially, establishing an online presence.

While the current owner has done a terrific job of sustaining the business for as long as they have, this is a chance to capitalise on their outstanding reputation and solid customer base through modernisation. With the current owner willing to stay on for a possible two weeks during the transition period, this is a fantastic opportunity to hit the ground running.
Number of Employees: 1

Tenure: Freehold

Listed by: Intelligent Business Transfer
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