Asking price: £90,000

Sales revenue: £220,000

Net profit: Undisclosed

Fixtures value: £70,000

Stock value: £50,000

Franchise terms
5 YEAR FRANCHISE WITH 3 YEARS LEFT TO RUN.

Business description
Young and growing business established 3 years. Benefit of being part of a highly successful and well established franchise.protected area. Option to be independant if required. Recent shopfit cost 70k. Premises in excellent condition. Bridal gowns to buy and mens formal wear to hire/buy. Excellentground floor display area with large shopfront,with preparation area for seamstress work and stock room to rear. Business currently run with proffessional and friendly staff including manageress,seamstress and 3 sales staff. Stock 50k included in sale.

Years established: 2.5

Employees: 4

Trading hours: 9.30 TILL 5.0 MON-SAT

Property: Leasehold

Lease terms
10 YEAR LEASE, WITH 8 YEARS LEFT TO RUN. RENT 32K PER ANNUM

Location
THE BUSINESS IS SITUATED IN AN ATTRACTIVE AND PRIME LOCATION SURROUNDED BY RETAIL UNITS AND OFFICES IN THE HEART OF MIDDLESBROUGH JUST OFF THE MAIN PEDESTRIAN PRECINCT IN A SMART RETAIL AREA. EASILY ACCESSABLE BY ALL MAIN TRANSPORT LINKS. AMPLE PARKING TO FRONT AND REAR.

Expansion potential
POTENTIAL TO INCREASE TURNOVER AND DIVERSIFY INTO MANY OTHER RELATED RETAIL SECTORS

Competition / Market
SEVERAL OTHER SMALL BRIDAL OUTLETS IN AREA

Support & training
FULL TRAINING AND SUPPORT

Reasons for selling
OTHER BUSINESS COMMITMENTS

Financing available
INSTALLMENTS CONSIDERED