Intelligent Business Transfer are pleased to bring to the market this well-developed shoes retailer which offer a secure source of income and a platform for further expansion. Established in the late 1950s, the current owner took over operations in 1999 and worked hard to keep the business growing and successfully generated an annual turnover in excess of £130,000 last year.
A new owner is presented with a successful business model to develop further and by implementing a few changes could ensure continual growth year on year. Investing in online activities such as setting up an e-commerce website and managing social media accounts to promote sales and offers could see an incline in the customer-base and present an effective advertising method.
An e-commerce website would expand its reach geographically and it could attract customers across the UK. Growing the product range to include more designer brands and potentially a clothing range, the business could appeal to more customers. Implementing a customer loyalty scheme would also be an effective way to guarantee repeat custom. Furthermore, increasing rent would allow the owner to generate higher income.
This business will appeal to a first time buyer or owner-operator looking to acquire a well-established business. Intelligent Business Transfer have been tasked with finding a suitable buyer. The vendor is willing to stay on to aid the transition.
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