8597LE LEICESTERSHIRE L\H£15950 LADIES FOOTWEAR & ACCESSORIES
Business for sale
Asking Price:
£15,950
Turnover:
£40,000
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Business description
THE BUSINESSAdvent Business Sales have been instructed
to offer for sale this popular and established
ladies footwear and accessories business.
Established 2 years ago by the current
vendor it is now reluctantly offered for sale
due to the vendor’s plans to relocate.
The business currently stocks exclusive ladies
shoes for the over 25’s market, with a range
of quality shoes from well known brand
names.
The business also offers a range of
dancewear shoes to order which provides a
good steady income.
To complement these products, a large
selection of handbags and costume jewellery
is also on offer.
TRADING HOURS
Sun & Mon: Closed
Tues – Sat: 9.30am – 5.30pm
EXPANSION POTENTIAL
More frequent advertising would help
increase awareness.
Extending the range of accessories would
also increase sales revenue and enhance the
current range offered.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £40,000
Gross Profit: 30%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
An attractive corner premises located in a
busy parade consisting of the following:
Ground Floor
Single door to sales area
Display to the walls & centre racking
Seating area
Counter with cash desk
Door to rear leading to stock room
W/C
External
Paved to road at front
Alley way at the end of parade
Private car park at rear
TENURE: Leasehold
Original lease: 3 years
Remaining lease: 1 year
Review every: 3 year
Rent: £4,500
We are advised that the annual business
rates are currently: £650
New 3 year lease available
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
