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Key Facts

[Ref: DBS080167]

Business For Sale : LADIES FASHION, BABY WEAR, SCHOOL UNIFORM RETAILER
Location : Essex, United Kingdom - UK
Leasehold | Asking Price: 29,995

Contact: Dedman Business Sales

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Business Description

Established by the current vendors in excess of thirty years, the business retails school uniforms, a large range of ladies fashion garments and a good selection of baby wear. Situated in a very prominent position within a long parade of shops with free parking outside, the business boasts a well established clientele from many local residents but also many from outside the area who travel to purchase their school uniform. The uniforms accounts for approximately thirty per cent of the turnover.

Equipment

Retail area fully racked, five changing rooms, stock room, kitchen and toilet.

Turnover

Accounts show a turnover of over £146,000 for the year ending 30/11/2006. We are informed that the business is currently averaging £3,000 per week with a gross profit of 40%.

Potential

There is potential to take the business forward as the current vendor has not marketed their service recently.

Tenure

There are over 4 years remaining on the lease with rent being agreed at present which is believed to be approximately £22,000 pa.

Trading Hours

Owner run.

Staff

9.00 am to 5.30 pm Monday to Saturday.

Reason For Sale

The vendor is retiring.

 
 

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