Shoe Shops for sale in Stafford

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Retail Shoe Business With Renowned Reputation

Stafford, Staffordshire, England

  • Leasehold Price: £85,000
  • Turnover: £177,532
  • Gross Profit: £72,486
Seller Reference: B05607
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Business Description
 
 
 
 
 
 
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Seller Reference: B05607
Request Details
Business Description
Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Shoe Tree which is a well-established Retail shoe shop with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

The Shoe Tree is a family run business that was founded over 36 years ago. The current owners have run it successfully and lucratively for the last 16 years or so and the business has been a real labour of love for them accruing a fantastic reputation and a loyal customer base.

Alas this lovely little business is now being sold albeit reluctantly and with heavy hearts only due The owners wishes to enjoy a well-earned retirement, they are keen to see their beloved footwear shop pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

The Shoe Tree is well stocked and carries an impressive range of brands including:


  • Josef Seidel

  • Gabor

  • Wortmann Group, Tamaris, Jana And Caprice

  • Padders

  • Sauve

  • Fitflop

  • Birkenstock’s

  • Rieker

  • HB Shoes

  • Earth Spirit


Scope to Improve:


  • Advertising and Marketing campaign.

  • Maximise the use of social media.

  • Extend the opening hours.

  • Website, ideally with an e commerce facility.

  • Introduce a customer loyalty card/ scheme.


Reasons to Buy:


  • A well established with an enviable reputation.

  • Low running costs with inexpensive rent and no business rates.

  • All fixtures and fittings included making this a real ‘Turnkey ‘business opportunity.

  • Ideal owner managed or partnership business.

  • Current owner happy to offer a handover to ensure the continued success.

  • Ideal bolt on opportunity to an existing footwear business.


Hilton Smythe highly advise early viewing to avoid disappointment.

This great little business is like to attract considerable interest.

Location
The Shoe Tree is in Stafford.

Stafford is the county town of Staffordshire. It lies approximately 16 miles north of Wolverhampton, 18 miles south of Stoke-on-Trent and 24 miles north-west of Birmingham. Junctions 13 and 14 of the M6 motorway provide access to the town.

The Shoe Tree is ideally situated in the unusually busy and vibrant shopping area of Stafford and sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade.

The business is beautifully presented and maintained with clear visible signage and distinctive livery. There are several low-cost public car parks within easy walking distance as well as free on street parking a few minutes’ walk away.

Premises
The Shoe Tree occupies two floors of an inner terraced retail unit, is immaculately presented and fastidiously maintained and briefly comprises:

Shop

Windows and glazed door to front creating a light, airy and inviting interior, suspended ceiling with concealed lighting and feature spot lighting, expensive looking wood effect flooring , bespoke perimeter shelving in a light oak effect, freestanding wire shoe racking, bespoke counter with black marble effect worktop, EPOS till system, specially commissioned wall graphics,

Rear Stock Room

With perimeter shelving and floor storage space, kitchenette.

First Floor

Stairs

With window to rear and wall mounted boiler.

Stock Room

Generous stock Room with perimeter timber shelving, wood effect flooring, window to front, office area with desk and room for filing cabinets etc.

Tenure
We are advised that The Shoe Tree is being sold as a leasehold business opportunity.

The existing lease is arranged on a monthly rolling basis; however, we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The proposed new rent is £12,000 per annum which is reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.

Hours
Monday to Friday 09.00 – 16.00

Saturday 09.00 – 16.30

Sunday Closed

Staff
The business is run and managed by our clients, a husband and wife team with the help of a part time member of staff.

Financial Profile
The Shoe Tree generates an advised current turnover of circa £178,000 per annum as per the 2018 accounts with a gross profit of approximately 41%.

Tenure:
Leasehold
Listed by:
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