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Business for sale in United Kingdom - Ab118 -sale of assets for an adult lifestyle type boutique in the home counties

Asking Price: 85,000 £ Real Estate: Lease
Sales Revenue: 0 £
Net Profit: 0 £
Year Established: 2000
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon
United Kingdom/County of Buckinghamshire/Aylesbury

Business types:

Retail

Business categories:

Furniture Stores

Business description

Turner Butler are delighted to be appointed as sole selling agents for the asset sale of this business, which has never previously been offered for sale in the open market. The asset inventory being sold here constitutes all the necessary trading elements for an exquisite and upmarket adult lifestyle boutique. The sale of assets includes transfer of the premium premises lease, stock, equipment, fixtures and fittings, a well designed and maintained internet website. The premises consist of a high visibility high street location where the current tenant has lavished many thousands of pounds to create an extremely tasteful retail environment which feels welcoming to to all customers. The fixtures and fittings in the shop are of a high quality and have been designed by a professional interior designer to maximise the retail space whilst creating a comfortable ambience. The property has been rewired as part of its renovations, along with a quality security system, digital infra-red surveillance inside and out and electronic shutters on road facing windows. Fire exits and lighting all comply with Health and Safety Regulations also. This is an superbly profitable opportunity for a new owner. Retail sales have shown 60% margin with comfortable ability to meet and exceed £50,000 profit per annum. No licences are required, suitable stock items may be used for window displays and the market potential is simply unlimited. Other facets of the offering are the profitable on-line shop and the stretched Lincoln Towncar limo. The Limo is uniquely vinyl wrapped and can only be described as a show stopper with superb advertising outreach. The vehicle can be rented out for private parties at the shop along with the more usual hirings like hen nights, for example. The current owner has 25 years experience in this market sector and this is exemplified in the styling touch of the assets being offered. Family commitments have taken the owner out of the UK and the opportunity is therefore priced for an uncomplicated sale. Equipment: As previously listed plus entertainment/sound equipment Key Opportunities: The iniquity of this offering offers an exciting possibility to greatly expand on the business opportunities of this package

Additional information

Additional information: Not Disclosed
Support & training: Support and training during handover will be provided as part of a successful sales package, along with the supply of manuals covering all aspects of the business.
Reasons for selling: Family commitments abroad.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Premises with 10 year IRI lease which commenced in 2006 Rent : £11,300 per annum approximately Rates : £4,500 per annum approximately
Location: Leasehold Premises with 10 year IRI lease which commenced in 2006 Rent : £11,300 per annum approximately Rates : £4,500 per annum approximately

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