Well Established And Profitable Shoe Shop In Oxfordshire For Sale

Business description

HISTORY

• The shop was initially established over 50 years ago, the present vendor has owned the business for over 8 years

REASON FOR SALE

• The business is only now being reluctantly offered for sale as she wishes to spend more time with her husband who is shortly to retire

PRODUCTS

• The shop are specialists in supplying adults wide fitting brands such as Padders, DB Shores, Equity and Van Dal
• The have the best selection of handbags including Radley, Fossil and Coccinelle
• They also cater for those with special needs and sell small leather goods
• The focus on all the products is clearly on quality

CUSTOMERS

• The majority (circa 80%) of sales are with local customers. The balance of approx 20% are from customers who travel from out of the region
• They come as they are attracted to the wide fittings which most shops do not stock and by the well known brands

STRENGTHS

• An extremely well established business
• Outstanding local reputation with a high repeat and referral trade
• Wide shoe specialists
• Stocks many famous brands





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Property:

Leasehold

Location:

• The shop has an ideal parade location in a very popular and affluent town in Oxfordshire
• Other nearby businesses include: a coffee shop, upmarket dress shop, restaurant, estate agents, gift shop, boutique and many more.

Premises details:

• The shoe shop operates from an attractive grade 2 listed terraced property which briefly comprises:
• Centre opening door into the shop
• Gents sales area with side displays, through to the ladies sales area with shoes and handbags
• Fitting area
• Office and stock room
• First floor are all stock rooms
• Top floor is a studio flat with kitchenette, bathroom, single bedroom and lounge

Business Operation

Expansion potential:

• Could also stock children’s shoes
• Increase the product range and also offer upmarket luggage
• Also stock larger men’s shoes

Trading hours:

• Monday – Saturday 9am to 5pm

Employees:

• The vendor works full time on paperwork and window dressing, there is also one other full time, two part time for 20 hours per week each and a Saturday only girl