AE057-A Chain of Retail & Trade Warehouse/Emporiums Vintage & Antique collections throughout the South West
Business for sale
Business descriptionThis popular and rapidly expanding business has a stated ambition:
“To be recognized as the number one destination for vintage, retro and antiques for traders and customers in the UK whilst supporting small businesses and the local community”
And its VALUES statements include:
A retail business totally focussed on giving local traders access to the public
The majority of products sold under the company’s brand are one off vintage items making them exclusive by definition of their individual & exclusive history
We understand the desire of young families to find great quirky items in-store and so provide entertainment for children and food for all the family
The company does not restrict traders to any particular product group, resulting in a diverse and respectful selection of goods
The company is passionate about being responsible in its business and to be aware of the impact it has and can have on the communities in which we work
About the company
In the UK there are thousands of small traders dealing in vintage, retro and antique goods looking for the opportunity to sell their items in a market environment but without the need to be physically in attendance. Many of these traders have day time jobs or other commitments where it is impossible and doesn t make financial sense for them to be selling from their stalls and so end up only doing expensive weekend markets and having to transport all their goods every week.
To fill this gap in the market, the company rents large retail warehouse units and fits them out to accommodate these small traders, runs the retail operations and takes all the sales revenues through the company bank account without charging commission. The business model is based around the mark up of the rentable space to the traders and charging for rental of fit out furniture and the space for cafe’s and children’s play areas.
Started 5 years ago , the company has become a leading brand in the vintage market industry with a strong following by both traders and customers alike. Having positioned themselves as the market leader in the South West of England and with a growing country wide reputation, the company is now ready to expand across the South of England to include London and the Home Counties.
To compliment the planned 20 physical stores, the company will also offer the traders the
opportunity to display their items in an on-line store where the business models differs as each item uploaded will have a quarterly charge and a 15% commission will be taken on all sales.
A future strategy for the business could include property asset ownership and UK and European franchising as a means to expand into new markets.