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Preferred Commercial is delighted to offer for sale this busy shoe shop, which was established by our client's family in 1873 and has been in his hands since 1964. The shoe shop is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £101,000 per annum with a gross profit of 56%. Neil Kennedy Footwear offers a wide range of shoes from a number of well-known brands, such as Clarks and Lotus, along with a selection of women's handbags. We feel the turnover could be increased by extend the range of products available and perhaps by embarking on a modest marketing campaign. There is also the opportunity to establish a website with online ordering facilities. The business has an excellent reputation and is renowned for its high quality products and service. The stock is valued at approximately £30,000 and is included in the sale. The premises are well-equipped to suit the trade and boast a large retail space with numerous displays and shelving. We feel this is an ideal opportunity to acquire an already busy shoe shop, which is priced for a quick sale. Early negotiations with Preferred Commercial must come highly recommended.
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