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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

Photograph of this business for sale
 

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


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