- Advert ID: 640430
- (Seller ref: CL000879)
Ladies Fashion Shop For Sale
Price Reduced
- Location:
-
- United Kingdom
- > England
- > South East
- > London
- > North London
- > North London
- Category:
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Summary
- Asking price:
- £59,950
- Sales revenue:
- < £200k
- Net profit:
- Available on request
Business description
Ladies Dress Shop selling mainly formal wear as well as day wear operating in both the retail and wholesale trade. Business split approx. 40% wholesale and 60% retail.
This type of business has been established on the site for many years but has only been run by the current owner for a short while. Reason for sale due to ill health and other business commitments.
Advised turnover c£300,000 per annum working on an average gross profit in the region of 55%.
• Wholesale 40% gross profit
• Retail 100% gross profit
• Stock Approx. £20,000.
Property information
- Property:
- Leasehold
- Lease terms:
- Lease expires 2015. Rent £27,000 per annum, payable monthly in advance. Rates c£13,100 pa.
- Location:
- Corner site of an arcade in North London close to Finsbury Park. Well known fashion destination attracting trade from both within and outside the district.
Other information
- Trading hours:
- Monday to Friday 10am – 5.30 pm.Saturday 9.15am – 6.30 pm. Closed Sunday.
Contact the seller
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- United Kingdom
- > England
- > South East
- > London
- > North London
- > North London
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