Unique Mini Department Outlet Potential Multiple Site Rollout For Sale

Business description

A rare opportunity to purchase a unique, niche market retail outlet, operating in a prime location within a historic market town. There is enormous opportunity for the potential purchaser to roll-out this already successful concept across multiple market town locations.

The store specialises in selling unique products that are not readily available on the high street. The owners set the business up after seeing a gap in the market for selling ‘unique’ products that were mainly sourced locally and sold with an unrivaled level of customer service. The product line is vast, giving it a mini departmental feel and the product lines range from:-

- Homewares - Toys
- Toiletries - Ladieswear
- Childrenswear - Menswear
- Lighting - Unusual Gifts
- Antique Finds

In addition to the products, the outlet also offers customers the opportunity to unwind and relax in the small but cosy tea room. Customers get a ‘full’ service from the store with assistants readily on hand for advice and guidance. The store already commands enormous respect from a number of niche market suppliers and clients alike and is very well known in and around the surrounding area.

Due to the high levels of customer service, whereby staff offer a high degree of assistance and advice, repeat business is extremely high and repeat purchases represent around 75% of the current sales intake.

In addition they also produce a number of ‘own branded’ products which are extremely popular, especially amongst tourists.

The owners have set up a very successful store with the aim of catering for the whole family and this has been fully recognised by the local community. New stock is purchased with aim of ensuring that it’s both ‘honest and fair’ and owners they play a big part in supporting local businesses, with customers paying a sometimes slightly ‘higher price’ in support of this.






A retail concession is also in operation, which again is very successful and the owners also have to field daily calls from suppliers looking to get their stock on their shelves.

It’s truly a great business for someone looking to grow and expand an already successful business.

This business is an attractive opportunity for the right acquirer, promising:

• A prime location within an affluent and historic market town
• A range of niche products unavailable on the high street
• A commanding position within the high street
• Excellent Product Sales with high margin
• Ability to grow turnover through an online presence which is in its infancy
• An opportunity to diversify into food and to push other growth areas such as toiletries
• Expansion by replicating and rolling out the successful model throughout other key market towns
• Excellent growth opportunity for the right purchaser

Property information

Property:

Leasehold

Location:

A prime location within an affluent and historic market town

Business Operation

Reasons for selling:

The owners are now looking for a partner or backer to grow the business and take the concept to the next level by expanding across multiple outlets. Alternatively, they would consider exiting after a handover period with the right partner.