Established and Extremely Successful Textile Retail Business For Sale
Advert ref: #1139
Category: Specialist businesses
Location: England -> Yorkshire & Humberside -> South Yorkshire -> Doncaster
Category: Specialist businesses
Location: England -> Yorkshire & Humberside -> South Yorkshire -> Doncaster
Business for sale
Asking Price:
£79,950
Turnover:
£115,000
Annual profit:
£46,000
Audited accounts:
No
Management accounts:
Yes
Business description
A very long established and extremely successful textile retail business occupying two adjacent, prominent trading positions within the extremely popular Corn Exchange indoor market at the heart of Doncaster town centre.This is a thriving and very well known business, originally established in 1957 and acquired by our clients in 2005. The business trades over only 3 days per week, and retails a wide and varied selection of high quality textiles including bedding, towels, curtains, cushions, throws, kitchen accessories etc.
This is a very unusual opportunity, as it is extremely rare for retail outlets within The Corn Exchange to be made available and offered for sale in the open marketplace. The business is now offered for sale due to the retirements of our clients, and offers a very realistically priced opportunity for significant further development by enthusiastic new owners, either on a stand-alone basis or as a high value add-on to an existing business.
Premises: Two adjacent, attractive retail units, very briefly comprising:
Unit 20: Prominent, well-positioned walk-in retail trading and customer service area with product displays and racking etc.
Unit 14: Adjacent to unit 20 across the customer thoroughfare. Product display areas with shelving and racking etc., with spacious concealed stock storage area to the rear.
PLEASE NOTE: Very unusually, the business currently trades over three days per week only, clearly offering genuine potential to very significantly increase turnover and annual Net Profit.
Offers: Offers are for the leasehold business, goodwill, fixtures and fittings and should be made to this office.
Finance: If you require help or advice please contact us know and we will put you in touch with our specialist business finance department.
Terms & Conditions: Please read our Terms & Conditions overleaf before taking any action.
GENERAL INFORMATION
Lease terms
Both retail units are held on a combined annual lease at a weekly rental of £220.00 including rates.
Location
The Corn Exchange is a spacious indoor market situated right at the very heart of the Doncaster town centre, next to the main outdoor market. Doncaster Textiles occupies an enviable, prominent trading position within the market, close to the main entrance.
Advert ref: 1423GT
Employee details
Fulltime staff:
4
Parttime staff:
0
