This high quality bespoke business was founded by the vendor in 1985 and has become a significant high street enterprise, bearing the vendor’s name with a reputation for the quality and variety of its products, service and reliability.
The business enjoys a prime high street location in one of the most accessible areas of London. The area is regarded as one of London’s more affluent, where support of local retailers is commonplace and has lead to higher sustained margins for retailers such as this business. The business’s turnover benefits from its prominent position among other successful and well supported high street shops.
Years established: 24
Employees: 2
Trading hours: Tuesday to Saturday - 10 - 5.30.
PropertyLeasehold
Lease terms10 years remaining on 15 year lease, review, break clauses and rent reviewed 5 yearly.
LocationThe business enjoys a prime high street location in one of the most accessible areas of London. The area is regarded as one of London’s more affluent, where support of local retailers is commonplace and has lead to higher sustained margins for retailers such as this business. The business’s turnover benefits from its prominent position among other successful and well supported high street shops.
Expansion potentialThis business maintains an extensive database of approximately 3,000 satisfied customers, who appreciate the company’s superior products and service. There are many excellent avenues for growth, especially with investment in diversification and extension of product lines, marketing and underexploited internet opportunities.
Competition / MarketThis business is unopposed in the immediate area.
Support & trainingThe current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Related documents
Sales Memorandum