Bridal And Menswear Franchise For Sale - MIDDLESBROUGH, Cleveland, United Kingdom
 
- Franchise opportunity
 
 
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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
 
Franchise terms
5 YEAR FRANCHISE WITH 3 YEARS LEFT TO RUN.
 
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
 
 
 
 
 
 
 
Financial Details
Asking price:
£90,000
 
Sales revenue:
£220,000
 
Fixtures value:
£NaN
 
Inventory value:
£50,000