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Advert Details
Thriving Freehold East Cleveland Retail Shoe Shop For Sale
Loftus, Cleveland, United Kingdom
Financials
Asking price: £109,950
Sales revenue: < £200k
Net profit: < £100k
Fixtures value: £1,000
Stock value: Undisclosed
Business description
Situated in Loftus, East Cleveland. A High Street location within the heart of a well populated semi rural town. This thriving concern has earned itself a valuable local reputation for the quality of product range and helpful friendly service.
‘The Shoe Box’ stocks a extensive range of footwear for the whole family, displayed to is very best advantage in a bright, good sized showroom area, refurbished in May 2009, CCTV cameras have been fitted to the showroom area
The shop also offers an excellent choice of accessories and leather polishes etc for all of which a strong and established regular local customer base combined with all the volume of year round passing trade generated by such a busy central position results in good consistent levels of turnover and high profitability.
The business also has a website with the business that is with the sale.
Years established: 40 plus years
Employees: 3 part time staff
Trading hours: 9- 5 monday - Saturday
Property: Freehold
Living accomodation
1 bedroom flat above the premises
Location
High Street location and online website
Expansion potential
The website can be optimised
Competition / Market
No direct competition, nearest shoe/sports footwear shop is 10 miles away
Support & training
If required the owner would help for a period of time
Reasons for selling
ill health of owner
Related website: www.janetsfootwear.co.uk


