Asking price: £55,000

Sales revenue: £88,000

Net profit: Undisclosed

Fixtures value: £1,000

Stock value: £55,000

Business description
Well established Retail Dancewear business stocking and selling the full range of Children's dancewear and Adults & Children's Dance Shoes through the retail outlet, internet sales & events. Genuine reason for sale to assist husband in new business interests. For this reason we would like to secure a buyer as urgently as possible and this is reflected in the price. The current stock valuation is approximately £55,000, current retail value approximately £120,000 and we are willing to sell for only £55,000 to obtain a quick sale. Altogether this represents a fully stocked, ready made, easily ran business at a genuine price. Although, this is an urgent sale we will still give 1 months free training to assist the buyer in a smooth transition.

Years established: 9 years

Employees: Owner run

Trading hours: Tuesday to Saturday 10am - 5pm

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
2 years remaining on current lease - renegotiable

Location
Retail premises in a secondary trading position that ensures a lower rent, along with internet and event sales.

Expansion potential
Currently there is only one website featuring a limited range of shoes. There is potential for greatly increased sales through the sale of other shoes and Childrens wear. Also extended trading hours.

Competition / Market
Although located in a very large town there is no other competition

Support & training
1 months induction

Reasons for selling
Other business interests

Related website: www.swingdanceshoes.co.uk