Advert Details

Bridal And Menswear Franchise For Sale

Details: Asking price:£90,000; Sales revenue:£220,000; Net profit:Undisclosed; Fixtures value:£70,000; Inventory value:£50,000

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.

General information: Franchise opportunity; 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