Profitable Lingerie Shop With Web Presence For Sale

Business description

The retail shop sells a fantastic selection of high quality lingerie.The current vendor has also had a professional website developed and has seen an increase in sales through the site over a relatively short period of time.The vendor also informs us that the website has a high google search ranking for a number of different lingerie manufacturers.
The vendor informs us that the business has weekly takings of £1500 generating a gross margin of 45%.
The asking price of £20,000 relates to goodwill only plus stock at valuation.
The business is solely run by the vendor.

Property information

Property:

Leasehold

Lease terms:

The vendor advises us that the premises are currently out of lease and the ongoing rent is paid on a monthly basis.The rent is currently £433 per month

Location:

The retail shop is located just off the main square of a thriving North Yorkshire market town

Other information

Expansion potential:

The business has further potential to increase sales through the retail shop by carrying out a local marketing campaign to increasing its profile to the local trade.
The website is also in the early stages of its implementation so there is a further great opportunity to increase online sales

Competition / Market:

No local retail competition

Support & training:

Vendor will give a full handover to the new owner

Reasons for selling:

Family commitments

Trading hours:

Monday to Saturday 9.30am to 5.00pm

Inventory / Stock value:

£70,000

Contact the seller