Asking price: £29,995

Sales revenue: £54,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: £6,000

Franchise terms
5 year agreement, renewable

Business description
A superb opportunity to purchase a franchised business supplying a full range of ladies and gents clothing to the residents of care and nursing homes, thereby providing a one-stop shop for all the needs of the mature person. The business operates across Hertfordshire, Buckinghamshire and Oxfordshire and has been operating successfully for over 18 months building a loyal customer base and repeat business by providing excellent customer service. There is huge scope for expansion by servicing additional homes, sheltered accommodation and day centres as well as further developing the mail order side of the business. The business also benefits from great support from the franchisor, who will train the new owner. In addition the existing franchisee will provide handover support in the initial stages to provide a smooth transition period. Relocation has forced the sale of the business. Sale price £29,995 + SAV (approx. £6,000)

Years established: 1.5

Trading hours: Normal hours

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Living accomodation
There is huge scope for expansion by servicing additional homes, sheltered accommodation and day centres as well as further developing the mail order side of the business.

Location
The business is managed from home, the franchisee visits the residents in the care and nursing homes

Competition / Market
Due to the superior service and products the business is ahead of the competition. This is evidenced by the level of repeat business

Support & training
The new owner will be trained and supported by the franchisor as well as having a hand-over period with the current owner

Reasons for selling
Work relocation of the owner's husband has forced sale, otherwise the existing owner would not be selling