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Business for sale in United Kingdom - Ab170-high fashion independent retail store - designer brands for men and women-leicester

Asking Price: 95,000 £ Real Estate: Lease
Sales Revenue: 200,000 £
Net Profit: 1 £
Year Established: 2008
Employees: 2FT, 3PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Leicestershire/Leicester

Business types:

Retail

Business categories:

Clothing & Accessory Stores ; Other Retail Trade

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. Having been born as a company only as recently as 2008, this company has forged a strong position in the local landscape for high fashion clothing and accessories etc. In this short period, becoming something of a benchmark for their targeted section of the community. The company trades from its high visibility high street premises and offers a comprehensive range of fashion goods from a variety of well known and exclusive brands including:- • christian audigier (protected status for leicestershire) • ed hardy • gucci • lou molloy • rebel spirit the expansive range of high fashion clothing etc. Is augmented by a wide range offering of high fashion eyewear also and, situated as it is, close to the very centre of this bustling metropolis, it is well positioned for a new owner to take the company and its brand offerings on to the next level of success and profitability. The current virtually all glass frontage premises were moved in to in 2009, with a fit out costing approximately £80,000. The whole ambience of these retail premises exude an atmosphere which is high quality and very “now”. The only reason that this opportunity has arisen is due to the owners need to spend more time with his business and family interests in london. This business has been very sensibly priced to encourage a smooth transition of ownerships, and we therefore recommend early inspection to avoid disappointment. Equipment: the company owns and operates an inventory of equipment, fixtures and fiitings and machinery etc. In the daily smooth operation of its business. All such inventory is expected to be included in a successful sales package. Customer service: the company’s client list is rather impressive and includes regular visitors from many parts of the country including london.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: The owners necessity to relocate to London
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The current lease runs until circa September 2012 and is believed to be easily extendable. It is worth noting also that the current annual rental of £35,000 is deemed to be well below normal rental value of circa £55,000. Annual rates come in at around £9,000.
Location: This good sized shop is located in a pedestrianised High Street location close to the centre of Leicester city. The shop is laid out over two levels with excellent retail space and the capacity for an Office. The current lease runs until circa September 2012 and is believed to be easily extendable. It is worth noting also that the current annual rental of £35,000 is deemed to be well below normal rental value of circa £55,000. Annual rates come in at around £9,000

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