Succesful Home Textile Business In Lagoa For Sale

Business description

Retail outlet comprising ;Rented Shop with contract, Business established 1991 highly successful Outlet shop. Buying exclusive Egyptian Cotton Products not available elsewhere in the Algarve.
Fully stocked,client lists, website,
High profits.
High quality household textiles with the very best sourced contacts. Lots of stock.
Very easily run business ideal for a husband and wife team. Opening hours monday ...friday 10.am.... 6.00pm. Sat. 10.am ...1.00pm.
February 2012 will see the opening of another Outlet which will generate double the profits.
High customer base of clients that only want the very best products at the very best prices.
Clients that return time after time.
Business that works all year round.
Reason for selling retirement.

Property information

Real Estate:

Lease

Lease terms:

Contract valid for 5 years , 3 years outstanding, renewable.

Leasehold rent:

€4,800 per annum

Location:

Lagoa. Prime Location. Parking outside.

Premises details:

60 Square metres, with bathroom and storage area.

Business Operation

Expansion potential:

Can expand across Algarve, Spain, Uk etc....

Competition / Market:

None in Algarve closest competition ...... Lisbon.

Reasons for selling:

Retirement.

Trading hours:

Mon... friday 10.am......6.00pm sat 10.am..... 1.00pm.

Employees:

Husband and Wife team

Years established:

21 years.

Other information

Support & training:

Training can be given , trips to all factories will be undertaken, introduction to all sources for stock. Support will be given for months and after sale will always be available for advice.

Furniture / Fixtures value:

€2,000 (included in the asking price)

Inventory / Stock value:

€20,000 (included in the asking price)

Relocatable:

This business can be relocated.