Asking price: £115,000

Sales revenue: £259,000

Net profit: £43,500

Fixtures value: £5,000

Stock value: £27,000

Business description
* High margins
* HUGE customer base
* Easily managed
* Recession proof customers
* Strong reputation
* Excellent location - highest footflow in the City


This recession proof, well run and busy shop specialises in fast turnover clothes for the young girl who buys regularly and often. It is located in one of the busiest foot-flow thoroughfares in the city and is positioned superbly to benefit from low price high profit sales to customers who come back almost every week.
Its pricing is such that gross margins are maintained well above the industry average at 52% - and are increasing as the cost of the base garments continues to fall.
The customer base is huge and very broad, comprising all ages that wish to buy something new and inexpensive for the weekend as well as regular wear.
Revenues and profits continue to increase consistent and the new buyer will benefit from strong, sustainable profits growth

Years established: The shop has been operating for over 3 years

Employees: One full time and two part time employees

Trading hours: Normal retail trading hours

Property: N/A

Location
The business is located in the middle of the busiest footflow thoroughfares in the City. Consequently the shop is continually busy from the moment it opens to the time it closes.

Expansion potential
Strong potential to increase income from expansion of the customer profile to include older girls.

Competition / Market
Competition is limited to large retail chains who cannot keep close to the customers requirements on a week by week basis.

Support & training
The owners will be delighted to offer full support and training.

Reasons for selling
Ill health