Summary
- Asking price:
-
£50,000
- Sales revenue:
- £100,000
- Net profit:
- Available on request
Business description
Branded Teenage clothing outlet.
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
ORIGINAL LENGTH: 8 YEARS
Remaining: 4 years review
RENT: £5, 0 00 (PER ANNUM)
RATES £1,000 (Per Annum)
- Living accommodation:
- Ground Floor
The retail outlet is known as a lockup outlet consisting of
Retail space of approx 600 sq feet
Parking in front of store for approx 10 vehicles
- Location:
- This superb Clothing Outlet is to be found in the county of Devon in one of the major cities. It is amongst a parade of shops not to far from the waters edge. There are ample parking facilities in the front of the shop for client’s vehicles. This business can be found not to far from the M5.
Other information
- Expansion potential:
- Our client established this business in 2002 and has continued to build it over the last four and a half years, adding branded youth merchandise to the very popular designed clothing that our client is renowned for. The branded merchandise that the business is known for amongst other branded names are Chipie, D.K.N.Y, Timberland Junior and baby wear and Quick Silver. The business services a database where clients travel from afar to visit the store. Our client works and managers the outlet with a hand picked number of casual staff that comes in on a rota basis. This outlet is poised to grow rapidly over the next couple of years due to additional branded merchandise negotiated by our client. The reason this pristine business is for sale is that our client has another retail outlet and reluctantly places this outlet on the market.
SBS believes that for the right purchaser it would be an excellent purchase and with enthusiasm and vision will expand the business even further.
SBS Commercial our privileged to be able to promote this superb business and suggest that early viewing is essential.
Contact the seller
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