Asking price: £49,950

Sales revenue: £103,517

Net profit: £36,000

Fixtures value: £5,000

Stock value: £38,000

Business description
This well run Wiltshire Wholesaler supplies quality ladies scarves and shawls from all over the world to trade customers throughout the UK. The unique styles and design of the items set them apart from the usually items found in high street stores. They also supply unusual and original accessories to compliment any outfit for any occasion.

The business has been trading for 7 years and over this time the owner has sourced many small suppliers from all over the world who weave, sew and embroider in their own villages to create beautifully original designs. Many of the items sold are unique and are sought after by boutiques and individual retailers who want to be able to sell something different.
After running the business for 7 years, the current owner, who is of retirement age, now feels that it is time to slow down and enjoy their retirement.

This represents an ideal opportunity to purchase a well established and well run wholesale business. The business could be easily relocated and if the retail side was not required this would not impact on the profit to any extent. If the new owner wished to continue with the retail side of the operation there is scope for expansion by way of increased hours of opening.

This business not only has a good sound base, but affords numerous opportunities for development and expansion. The range and types of items stocked could be increased together with the associated accessories and other products.
For the right person it could be the ideal opportunity to mix business with pleasure, constantly meeting likeminded individuals who share an interest in fashion accessories, while at the same time developing a profitable venture.

Years established: 7 years

Employees: P/T book keeper & 2 P/T assistants.

Trading hours: SHOP Sunday, Monday,Friday 11:00 am - 4:00 pm. WHOLESALE Monday – Friday 9:30 am – 5:00 pm

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
A new lease is due to be signed in March 09.

Location
Currently Wiltshire town but can be relocated.

Expansion potential
Currently the retail shop is only open for 3 days a week. This could be increased to provide extra income.

Competition / Market
The unique styles and design of the items set them apart from the usually items found in high street stores so competition is limited.

Support & training
The present owner would give full support to ensure a seamless transfer of the business.

Reasons for selling
After running the business for 7 years, the current owner, who is of retirement age, now feels that it is time to slow down and enjoy their retirement.

Financing available
This business should be able to support loan finance, subject to status. For further information, please contact Lakey & Co West.

Related documents

		Confidentiality Agreement

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