Designer Clothing Boutique In Brighton East Sussex For Sale

Business description

The particular highlights of the business are:
- The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered.
- Ideally located concern offering excellent lifestyle.
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £80,000 pa with a net profit of £42000. (See financial summary below). This is very impressive considering the credit crunch.
- A business with great potential which has not been exploited because the owner wishes to start a new venture. .
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.

History
Phoenix Business Transfer Agents are delighted to place onto the market this thriving designer clothing boutique which has been established since August 2010. The business has been in the hands of the current owner since August 2010 and she now wishes to sell due to new business venture.

Services
This very good business opportunity provides unisex designer clothing and accessories.

Staffing
The concern employs no staff.

Owners Role
The owners role is managing and working in the business and works full time.

Marketing
The owner markets the business via an In Shop Reward Discount Scheme and has a website.

Competition
As far as competition is concerned there is none in the immediate locality

Market
The client base consists of local community, business persons and tourists.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• With an enhanced website.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Property information

Property:

Leasehold

Lease terms:

The original length of the lease was 6 years with 4.5 years remaining. The rent is £15,000 pa with a review in 3 years. The lease may be renewable or negotiable for longer term if required. The rates are £7,000.

Leasehold rent:

£15,000 per annum

Location:

- Situated in Brighton area of East Sussex.
- Prominent location
- Part of a parade of shops.
- Excellent parking facilities nearby.
- Local population consists of local community, business persons and tourists
- Area offers exceptional lifestyle.
- Outstanding tourist trade.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with M23, A23, A270, A2010 and good railway links.

Premises details:

The property is terraced and is part of a parade of shops and is approximately 40ft x 20 ft. The front is branded with an attractive glass front. The main customer service area is laminated wood flooring with hanging rails and shelving to the walls. It is very well presented and is very conveniently laid out.

To the rear is a store room. There are a toilet and staff facilities.

Business Operation

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• With an enhanced website.

Competition / Market:

As far as competition is concerned there is none in the immediate locality

Reasons for selling:

New Business venture

Trading hours:

Monday to Friday – 11.00 – 18.00
Saturday – 11.00 – 18.00
Sunday – 11.00 – 17.00

Employees:

The concern employs no staff.

Years established:

1 year

Other information

Support & training:

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made

Furniture / Fixtures value:

£5,000 (included in the asking price)