Ladies Fashion Retailer in Shropshire For Sale
Business for sale
Asking Price:
£17,500
Turnover:
£110,000
Annual profit:
£80,000
Audited accounts:
No
Management accounts:
Yes
Business description
The Business Partnership is pleased to present this ladies fashion retailer for sale.Since its establishment in 2004, our clients have built up a solid business with an excellent reputation selling quality goods at the high end of the market.
Located in a popular market town with an excellent high street position, the shop is finished to high standards of decoration. The sales area is approx 357 sq ft with a small storeroom and staff toilet. There is also a secure patio area at the rear. The lease expires August 08 with a right to renew. Rent is £10,250 p.a with rates an additional £1,480 p.a.
Currently run by the owner and 1 part time assistant. The shop opens Mon-Sat, 10am - 5:30pm.
Annual turnover of £110k can be boosted by reducing staff or extending opening hours.
This retirement sale provides an excellent foundation for a new owner to build upon for the future.
If stock is not required, a lease only opportunity is available.
Please ask for full details.
Employee details
Fulltime staff:
1
Parttime staff:
0
