Bridal And Menswear Franchise For Sale

Business description

Young and growing business established 3 years. Benefit of being part of a highly successful and well established franchise.protected area. Option to be independant if required. Recent shopfit cost 70k. Premises in excellent condition. Bridal gowns to buy and mens formal wear to hire/buy. Excellentground floor display area with large shopfront,with preparation area for seamstress work and stock room to rear. Business currently run with proffessional and friendly staff including manageress,seamstress and 3 sales staff. Stock 50k included in sale.

Franchise terms

5 YEAR FRANCHISE WITH 3 YEARS LEFT TO RUN.

Property information

Property:

Leasehold

Lease terms:

10 YEAR LEASE, WITH 8 YEARS LEFT TO RUN. RENT 32K PER ANNUM

Location:

THE BUSINESS IS SITUATED IN AN ATTRACTIVE AND PRIME LOCATION SURROUNDED BY RETAIL UNITS AND OFFICES IN THE HEART OF MIDDLESBROUGH JUST OFF THE MAIN PEDESTRIAN PRECINCT IN A SMART RETAIL AREA. EASILY ACCESSABLE BY ALL MAIN TRANSPORT LINKS. AMPLE PARKING TO FRONT AND REAR.

Other information

Expansion potential:

POTENTIAL TO INCREASE TURNOVER AND DIVERSIFY INTO MANY OTHER RELATED RETAIL SECTORS

Competition / Market:

SEVERAL OTHER SMALL BRIDAL OUTLETS IN AREA

Support & training:

FULL TRAINING AND SUPPORT

Reasons for selling:

OTHER BUSINESS COMMITMENTS

Trading hours:

9.30 TILL 5.0 MON-SAT

Financing available:

INSTALLMENTS CONSIDERED

Furniture / Fixtures value:

£70,000 (included in the asking price)

Inventory / Stock value:

£50,000 (included in the asking price)