Business for Sale Overview:
Advent Business Sales are delighted to have been instructed to offer to the market this very well established, thriving and popular beauty product business.
The business, which was founded by our client in 2003, is only now being reluctantly offered for sale due to her ill health.
Our client has achieved an excellent local reputation with very high levels of repeat custom with new customers coming from personal recommendation, as no advertising of any sort is carried out.
The store has an extensive products offering which includes:
High street branded cosmetics;
Body jewelery;
Toiletries;
Perfumes;
Gift sets;
Accessories;
Wigs and pieces;
Make up bags and evening bags;
Hats and fascinators;
Tiaras and hair accessories;
Masquerade masks;
Hats and much more.
The shop is run by our client only.
We are advised that stock at cost is approximately £40,000.
Our client is prepared to work with a new purchaser for an agreed period of time, to ensure a smooth hand over period and to effect the necessary introductions to suppliers and customers.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
Ground floor lock up and fully alarmed premises, briefly comprising of:
Ground Floor:
Middle entry front door from the pavement directly into the excellently presented shop, which was fully refurbished in 2003 and looks like it was done only recently.
Non slip tiled flooring, suspended ceiling with side spot lights.
Long side counter which runs the length of the shop with displays under and with glass tops.
Side slat wall system with hung products.
Glass display cabinets.
Side back door to stores.
Sink and w/c.
Back exit to yard with hard standing.
Tenure: Leasehold.
Original lease: 12 years.
Remaining lease: 7 years.
Review every: 3 years.
Rent: £9,500 Per Annum.
We are advised that the annual business rates are currently: £1,900.
Market Competition and Expansion:
Our client has a successful and profitable business, which has good scope to increase sales and margins by:
1. Increasing the low prices.
2. Participating in craft fairs, charity events and party plan evenings.
3. Having their own web site with on line shopping.
4. Take over the first floor above the store for costume hire.
Reason for Selling:
Ill Health
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: