Business for Sale Overview:
The stores are extremely well established and the company has traded since 1984. The Business was started by the current vendor who has always operated within the industry alongside his family. The properties are all ideally located in very easily accessible locations, benefiting from both motor and pedestrian passing trade as well as the usual, regular, local shoppers; the premises are close to all amenities and adjacent to busy trunk roads.
The three stores operate from circa 4,500; 4,600 and 8,900 square feet floor area respectively which includes merchandising, storage and administrative offices;
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Property Features and Assets:
The three freehold premises have a very clear brand identity. They cover 4,500; 4,600 and 8,900 square feet floor area respectively. The largest unit has just undergone a significant refurbishment programme and did not operate for a period of time. Since re-opening, the unit has commenced trading with a flourish and is on target to set new trading records. There is also additional revenue potential to let ‘in store’ units to smaller operators such as hairdressers, mobile phone accessories etc.
Market Competition and Expansion:
The business has used limited advertising in the past and there are excellent opportunities to increase this, and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.