Asking price: £90,000

Sales revenue: £85,000

Net profit: £27,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are delighted to have been instructed to offer to the market this very well established, thriving and popular beauty product business.

The business, which was founded by our client in 2003, is only now being reluctantly offered for sale due to her ill health.

Our client has achieved an excellent local reputation with very high levels of repeat custom with new customers coming from personal recommendation, as no advertising of any sort is carried out.

The store has an extensive product offering which includes:
• High street branded cosmetics
• Body jewellery
• Toiletries
• Perfumes
• Gift sets
• Accessories
• Wigs and pieces
• Make up bags and evening bags
• Hats and fascinators
• Tiaras and hair accessories
• Masquerade masks
• Hats and much more

The shop is run by our client only

We are advised that stock at cost is approximately £40,000.

Our client is prepared to work with a new purchaser for an agreed period of time, to ensure a smooth hand over period and to effect the necessary introductions to suppliers and customers.
REF: 8999NN

Years established: 2003

Trading hours: Mon-Fri: 9am – 5.30pm, Sat: 9am – 5pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 12 years Remaining lease: 7 years Review every: 3 years Rent: £9,500 P.A. We are advised that the annual business rates are currently: £1,900

Living accomodation
Ground floor lock up and fully alarmed premises, briefly comprising of: Ground Floor • Middle entry front door from the pavement directly into the excellently presented shop, which was fully refurbished in 2003 and looks like it was done only recently • Non slip tiled flooring, suspended ceiling with side spot lights • Long side counter which runs the length of the shop with displays under and with glass tops • Side slat wall system with hung products • Glass display cabinets • Side back door to stores • Sink and w/c • Back exit to yard with hard standing

Location
Our client has an excellent location on a parade of shops of an upmarket town in Northamptonshire. Other nearby business include a florist, hairdressers, convenience store, picture framers, ladies and gents fashion, phone shop, Boots and Asda and many more, who all contribute in attracting large footfall levels to the town and to the parade particularly.

There are two junior and two secondary schools nearby with the store being a popular stop off point for both school girls and their mothers.

There is a mixture of pay and display and free of charge parking all around the store.

Nearby towns include Wellingborough, Kettering and Northampton. The area has road links via the A45 and the A6.

Expansion potential
EXPANSION POTENTIAL Our client has a successful and profitable business, which has good scope to increase sales and margins by: 1. Increasing the low prices 2. Participating in craft fairs, charity events and party plan evenings 3. Having their own web site with on line shopping 4. Take over the first floor above the store for costume hire

Financing available
Please let us know if you require finance for the purchase of a business.

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